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Production functions and distributions of unit factor productivities: Uncovering the link

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Author Info
Growiec, Jakub

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Abstract

We derive a reversible "endogenous technology choice transform," according to which firm-level production functions and distributions of unit factor productivities are two sides of the same coin. The Cobb-Douglas function relates to Pareto distributions, and the CES to Weibull distributions.

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File URL: http://www.sciencedirect.com/science/article/B6V84-4SX3NRW-6/2/45d52db344d7ddef6bdb0fcb6e1d28e9
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Publisher Info
Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 101 (2008)
Issue (Month): 1 (October)
Pages: 87-90
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Handle: RePEc:eee:ecolet:v:101:y:2008:i:1:p:87-90

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Web page: http://www.elsevier.com/locate/ecolet

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Related research
Keywords: Production function Distribution Unit factor productivity Technology frontier;

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This page was last updated on 2009-12-12.


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