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
Filtering by Race and Education in the U.S. Manufacturing Sector: Constant-Ratio Elasticity of Substitution Evidence.
TL;DR: In this paper, the authors argue that race conveys information to employers, rightly or wrongly, and that this information is used by employers in placement and promotion decisions, which is why they screen, or filter, persons according to easily obtainable attributes such as race and the number of years of formal schooling completed.
Journal ArticleDOI
Transaction cost analysis of supply chain logistics services: firm-based versus port-focal
TL;DR: A transaction cost frontier model is developed that allows inter-firm transaction facilities in terms of a port-focal supply chain modelling framework and shows that horizontal integration becomes more cost effective as environment heterogeneity increases, given the same degree of asset specificity among individual ports.
Journal ArticleDOI
Factor substitution, employment density and suburbanization
TL;DR: In this article, a model of an urban area producing one good for export is presented and solved to yield the employment density function, which is sensitive to the elasticity of substitution and can diverge markedly from the usually assumed negative exponential form.
Journal ArticleDOI
The industrial demand for energy
TL;DR: In this article, the authors used a constant elasticity of substitution production function to examine the extent of factor substitutability in the production of industrial goods and demonstrated that all energy sources are substitutable.
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