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
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Capital-labour substitution elasticities in New Zealand: one for all industries?
TL;DR: In this paper, the authors present a survey of the state of the art in this area............................................................................................................................... 6.1.0.6.3.0] 6
Journal ArticleDOI
Structural change and international competitiveness in Canada: an alternative approach
TL;DR: This article developed a disaggregated, dynamic Ricardian trade model based on Pasinetti's 1981 growth model, in which the sectoral rate of process innovation is important in relation to the average innovation rate in the economy.
Proceedings Article
A Unified Stochastic Gradient Approach to Designing Bayesian-Optimal Experiments.
TL;DR: In this paper, a fully stochastic gradient-based approach to Bayesian optimal experimental design (BOED) is proposed, which utilizes variational lower bounds on the expected information gain (EIG) of an experiment that can be simultaneously optimized with respect to both the variational and design parameters.
Journal ArticleDOI
What drives labor share change? Evidence from Korean industries
TL;DR: Using aggregate-and industry-level data, the role of factor substitution and technological progress in labor share change in Korea over the past 30 years was analyzed in this paper, showing that aggregate labor share shows a declining trend while masking the divergence in labour share at the industry level.
Posted Content
The Role of the Elasticity of Substitution in Economic Growth: A Cross-Country Test of the de La Grandville Hypothesis
TL;DR: In this article, the authors investigated the sign and significance of the coefficient of substitution between capital and labor conditioning on country characteristics, initial conditions, institutions and a set of policy variables.
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