Journal ArticleDOI
Capital-labor substitution and economic efficiency
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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
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A Combined Structural and Flexible Functional Approach for Modeling Energy Substitution
Dean C. Mountain,Cheng Hsiao +1 more
TL;DR: In this article, a data-exploration strategy is suggested that combines the parametric family of a system of quadratic log-ratio demand equations and conventional flexible functional forms for uncovering the underlying degree of input substitution.
Journal ArticleDOI
First‐mover advantages of the European Union's climate change mitigation strategy
Journal ArticleDOI
Minimum Wage and Corporate Policy
TL;DR: In this article, the authors used cross-state and intertemporal variation in whether a state's minimum wage is bound by the federal minimum wage to find evidence that minimum wage increases lead U.S. public firms in minimum wage sensitive industries to cut capital expenditures.
Journal ArticleDOI
Usage of Production Functions in the Comparative Analysis of Transport Related Fuel Consumption
TL;DR: In this article, the authors examined the relationship between the transport sector and the macroeconomy, particularly in fossil energy use, capital and labour relations, and concluded that a solution for the for the reduction of anthropogenic CO2 driven by combustion of fossil fuels presupposes technological innovation to reach emission reduction targets.
Journal ArticleDOI
Nonparametric estimation of homogeneous functions
Gautam Tripathi,Woocheol Kim +1 more
TL;DR: In this article, the authors examined two ways of nonparametrically estimating f: (i) a direct approach and (ii) a projection based approach, and showed that depending upon the nature of the conditional variance, one approach may be asymptotically better than the other.
References
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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