The Production Function

Guido Fioretti

Papers from arXiv.org

Abstract: Productions functions map the inputs of a firm or a productive system onto its outputs. This article expounds generalizations of the production function that include state variables, organizational structures and increasing returns to scale. These extensions are needed in order to explain the regularities of the empirical distributions of some economic variables.

Date: 2005-11
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Citations: View citations in EconPapers (17)

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Journal Article: The production function (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:physics/0511191

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