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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Posted Content
Elasticity of substitution between capital and labor: a panel data approach
TL;DR: In this article, the elasticity of substitution of an aggregate production function is derived from the steady state of a neoclassical growth model and the long run elasticity is 0.7.
A long-run perspective
Martin Paldam,Erich Gundlach +1 more
TL;DR: In this paper, the largest common factor in 14 items reported in the World Value Survey is used as a robust measure of religiosity, R. Development causes R to fall by 50% from the traditional level, RT, to the modern level, RM.
Book ChapterDOI
Methodological Issues in Aggregate Productivity Analysis
Ephraim F. Sudit,Nachum Finger +1 more
TL;DR: In other words, given our present state of knowledge and data availability, the sum total of the portion of growth in real output that cannot be accounted for by changes in specific identifiable inputs is thrown into the productivity #x201C;wastebasket as mentioned in this paper.
Journal ArticleDOI
Comparative Advantage in a Multi-Factor World
TL;DR: The authors examines the question: "Is there any reason to expect that a country's trade pattern can be accurately predicted on the basis of relative industry labor productivity differentials across countries (i.e., comparative advantage in its Classical or Ricardian sense), given that we inhabit a multi-factor world?" The answer to this question is of some interest, since early attempts to test comparative advantage appeared to be quite successful, and at least as successful as tests of other theories based on more plausible assumptions.
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