Abstract
Distribution-based processes can be used to model the non-instantaneous behavior described in Section 17.1. To ease notational burdens, we shall confine our attention to single-input, single-output dynamic production functions. Accordingly, we drop the subscripts i and j and furthermore take Φ(z(τ), τ) = φ(z(τ), τ) = z(τ).
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Rights and permissions
Copyright information
© 2008 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
(2008). Distribution-Based Dynamic Production Functions. In: Production Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-75751-1_18
Download citation
DOI: https://doi.org/10.1007/978-3-540-75751-1_18
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-75750-4
Online ISBN: 978-3-540-75751-1
eBook Packages: Business and EconomicsEconomics and Finance (R0)