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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
Citations
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Analysis of energy efficiency development in the German and Colombian food industries
TL;DR: In this article, the authors compared energy efficiency across sectors of the food industry for the period 1998-2005 and found that the German food industry increased energy consumption by an average of 1.3 per cent per year and the EI decreased 7 per cent, whereas the Colombian food industry decreased its energy consumption.
Posted Content
Death to the Cobb-Douglas Production Function? A Quantitative Survey of the Capital-Labor Substitution Elasticity
TL;DR: This paper showed that the large elasticity of substitution between capital and labor estimated in the literature on average, 0.9, can be explained by three factors: publication bias, use of aggregated data, and omission of the first-order condition for capital.
Journal ArticleDOI
The impact of a broad based energy tax on the US economy
Roy Boyd,Noel D. Uri +1 more
TL;DR: In this paper, the authors investigated the impact of a broad based energy tax on the US economy, particularly the agricultural sectors, using a general equilibrium model composed of 12 producing sectors, 13 consuming sectors, six household categories classified by income and a government.
Journal ArticleDOI
Pre-civil war land policy and the growth of manufacturing
Peter Passell,Maria Schmundt +1 more
TL;DR: The authors examine the interests of the manufacturing Northeast by use of a two-sector general equilibrium model of the nineteenth century national economy and provide insights into the rationality of the perceived sectional conflicts and into the influence of the resulting land policy on sectional growth.
Journal ArticleDOI
Flexibility in Input Substitution: A Case of South African Agriculture
Van Zyl,J. A. Groenewald +1 more
TL;DR: In this article, the translog functional specification was used for empirical estimation of factor share equations derived from cost data in South African agricultural production by using duality that exists between the production function and the cost function along the expansion path.
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