Production Function through Automation in a Task-Based Model

The aim of this study is to connect two approaches that examine automation. The first uses a task-based model, while the second uses a variant of the canonical constant-elasticity-of-substitution (CES) production function. We employ a task-based model and derive a neoclassical production function through automation. This derivation depends on only one assumption about the arrangement of tasks. Under a trade-off in the efficiency between capital and labor, we also consider a CES production function and relate the elasticity of substitution to automation