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"production function" is a correct and usable phrase in written English.
It is commonly used in economics and business to refer to the relationship between the inputs used in a production process and the resulting outputs. For example: "The company's production function showed a direct correlation between the amount of labor and capital invested and the quantity of goods produced."
Exact(60)
The LR1 test result indicated that Cobb-Douglas production function is a more appropriate functional form for this study than the alternative translog production function.
A production function is a mathematical tool summarising the productive process of an economy.
Technology The production function is inspired in Barro (1990) to incorporate productive government spending.
We employ a Translog functional form to estimate the parameters of the production function.
The production function can thus answer a variety of questions.
A crucial concept in economics is the production function: certain inputs must be combined to produce desired outputs.
We let a be the labor share in that production function.
[C5.] Trying to Predict a Military Victory A key economic concept is the production function, in which certain inputs must be combined to produce desired outputs.
The production function is simulated in a small econometric model.
The production function exhibits decreasing returns, α+γ<1.
Both forms of the production function were generated.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com