Econometrica: Jan 1968, Volume 36, Issue 1

A Note on Houthakker's Aggregate Production Function in a Multifirm Industry

https://doi.org/0012-9682(196801)36:1<151:ANOHAP>2.0.CO;2-0
p. 151-154

David Levhari

This note deals with Houthakker's approach of aggregating a production function for an industry. It tries to reverse Houthakker's procedure and to derived the distribution function of factor proportions from a neoclassical production function. Specifically, it derives the distribution function for a CES production function.

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