scispace - formally typeset
Journal ArticleDOI

Capital-labor substitution and economic efficiency

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

Producer price dispersion, real output, and the analysis of production

TL;DR: This paper showed that omitting individual prices introduces measurement errors in real output that are correlated with factor prices and these errors lead to biased estimates of the production function and productivity growth equations, and a method of simultaneously estimating real output and price is introduced to overcome these problems.
Book ChapterDOI

Econometrics of Technical Change: Techniques and Problems

André Keller
TL;DR: A survey of the models, their estimation techniques, and the problems and pitfalls in the applications can be found in this paper, where a particular emphasis is laid on aggregated production functions, factor productivity, and input-output approaches.
Journal ArticleDOI

Structural and climatic change

TL;DR: In this article, a multi-sector growth model where emissions from fossil fuels give rise to a climate externality is studied and a simple formula for optimal taxes and sectoral factor allocation is derived.
Journal ArticleDOI

On the substitution of private and public capital in production

TL;DR: In this paper, the elasticity of substitution between public and private capital stocks is investigated for emerging and LIDC regions, where the two types of capital are considered separately along with labor as inputs.
Journal ArticleDOI

Usefulness of non-linear input-output models for economic impact analyses in tourism and recreation

TL;DR: In this article, the authors analyse the usefulness of applying a non-linear input-output (NLIO) model, in which price-induced input substitution is accounted for, for large changes in final demand, a NLIO model is more useful than a traditional IO model.
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