The Production Function

Details The Production Function The Production Function

2005-11-22

arxiv.org/abs/physics/0511191v1

Physics

Physics and Society

Econophysics paper

Scientific paper

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.

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