The Production Function

2005/11/22 by Fioretti, Guido · 1 citation
#Data Analysis #FOS: Economics and business #FOS: Physical sciences #General Finance (q-fin.GN) #Physics and Society (physics.soc-ph) #Statistics and Probability (physics.data-an)

paper · doi:10.48550/arxiv.physics/0511191

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.

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• Modeling Economic Systems as Multiport Networks

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