scispace - formally typeset
Journal ArticleDOI

Capital-labor substitution and economic efficiency

Reads0
Chats0
TLDR
In this article, the authors proposed a method to improve the quality of the service provided by the service provider by using the information of the user's interaction with the provider and the provider.
Abstract
Обсуждаются следующие темы: чистая теория производства, функциональное распределение дохода, технический прогресс, источники международных конкурентных преимуществ. Анализируются эластичность замещения между трудом и капиталом в обрабатывающей промышленности; производственные функции различного типа.

read more

Citations
More filters
Journal ArticleDOI

U.S. Real Product and Real Factor Input, 1929-1967

TL;DR: In this paper, the authors provide a conceptual basis for separating social product and social factor input accounts into price and quantity components, and the resulting estimates are applied to the measurement of total factor productivity and the study of the responsiveness of product and factor intensities to price changes.
Journal ArticleDOI

Convergence in the age of mass migration

TL;DR: The authors of as discussed by the authors suggest that migration could account for very large shares of the convergence in labour productivity and real wages, though a much smaller share in GDP per capita, and that virtual cessation of convergence in the interwar period could be partially explained by the imposition of quotas and other barriers to migration.

American Economic Association

G Judge, +1 more
Journal ArticleDOI

Fuel conserving (and using) production functions

Harry D. Saunders
- 01 Sep 2008 - 
TL;DR: In this article, the authors compare eight production/cost functions used or potentially useful for exploring how energy efficiency gains affect energy consumption, and suggest practitioners restrict themselves to either the Gallant (Fourier) or the Generalized Leontief/Symmetric Generalized Barnett cost functions as being sufficiently "rebound flexible".
Posted Content

Trade and Uneven Growth

TL;DR: The authors consider trade between two countries of unequal size, where the creation of new intermediate inputs occurs in both and find that the knowledge gained from R&D in one country does not spillover to the other.
References
More filters
Journal ArticleDOI

Technical change and the aggregate production function

TL;DR: In this article, the authors proposed a method to improve the performance of the system by using the information of the user's interaction with the system and the system itself, including the interaction between the two parties.
Book

Resource and output trends in the United States since 1870

TL;DR: In this paper, a very brief treatment of three questions relating to the history of our economic growth since the Civil War is given, namely: (1) How large has been the net increase of aggregate output per capita, and to what extent has this increase been obtained as a result of greater labor or capital input on the one hand and of a rise in productivity on the other? (2) Is there evidence of retardation, or conceivably acceleration, in the growth of per capita output? (3) Have there been fluctuations in the rate of growth of output, apart