Part 2: Task-Based Theories of Production Section 5 Task-Based Model of Production¶ Read this section across its overview and subsection pages. Overview Overview Subsection 5.1 Occupations as task bundles Subsection 5.2 Canonical task-based model: capital and labor Subsection 5.3 Task assignment and comparative advantage Subsection 5.4 The link to aggregate production functions Subsection 5.5 The distribution of inputs across tasks Subsection 5.6 From productivity schedules to expenditure Subsection 5.7 The elasticity of substitution Subsection 5.8 Tasks cheatsheet Subsection 5.9 The Ricardian roots of task assignment Subsection 5.10 David Ricardo and machinery: Capital replacing labor is a longstanding issue Back to this Part