Neoclassical Production Economics: An Introduction

Robert G. Chambers (rchamber@umd.edu) and Subhash Ray
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Robert G. Chambers: University of Maryland

Chapter 1 in Handbook of Production Economics, 2022, pp 3-48 from Springer

Abstract: Abstract To emphasize the nexus between the theory and the empirics of production, this chapter is split into two parts. The first presents a brief overview of the state of neoclassical production theory as it exists in the third decade of the twenty-first century. The second part presents an overview of the history of the development of functional forms for the production function.

Keywords: Production; Primal; Dual; Profit-maximization (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-10-3455-8_18

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DOI: 10.1007/978-981-10-3455-8_18

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