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

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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Year of publication:	2008
Authors:	Growiec, Jakub
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 101.2008, 1, p. 87-90
Publisher:	Elsevier
Keywords:	Production function Distribution Unit factor productivity Technology frontier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005270085