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

Technological Change and Relative Factor Shares in Indian Agriculture: An Empirical Analysis

TL;DR: In this paper, the distribution of sectoral gains between labor and non-labor input factors attains importance in view of the growing concern about rural poverty and unemployment despite recent increases in output and total revenue in Indian agriculture using cross section data.
Journal ArticleDOI

Inflation-free Pricing Rules for a Generalized Commodity-Reserve Currency

TL;DR: In this article, it is shown that currency can then be redeemed without restriction for any of the commodities and that, according to a certain definition, the currency retains constant value, so that general inflation cannot occur.
DissertationDOI

Theoretical aspects of long-term evaluation in environmental economics

TL;DR: In this article, the authors consider the problem of long-term evaluation with a focus on time and uncertainty structure and introduce the concept of intertemporal risk aversion, which takes up an important concern of the precautionary principle regarding a higher willingness to undergo preventive measures to avoid a threat of harm.

On the paradigm shift of asset pricing models, before and after the global financial crisis

TL;DR: In this article, a literature review on the paradigm shift of asset pricing of the mainstream and other trends, from the beginning of the xx century to date, by considering two periods: before and after the global financial crisis of 2007-2009.
Posted Content

Nonparametric Estimation of Concave Production Technologies by Entropic Methods

TL;DR: In this article, an econometric methodology for nonparametric estimation of concave production technologies is developed based on the principle of maximum likelihood, using entropic distance and convex programming techniques to estimate production functions.
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