Capital-labor substitution and economic efficiency
TL;DR: 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.
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TL;DR: A class of denoised nonlinear regression estimators is suggested for a nonlinear measurement error model where the variables in error are observed together with an auxiliary variable and the consistency and asymptotic normality are established.
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Cites background from "Capital-labor substitution and econ..."
...Arrow et al. (1961) derived the following general formulation of the production function: Q = γ {δK + (1 − δ)L} 1 ρ (1....
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TL;DR: It is proved that a quasi-homogeneous production function f satisfies the proportional marginal rate of substitution property if and only f reduces to some symmetric production functions.
Abstract: In this paper, we investigate the class of quasi-homogeneous production models, obtaining the classification of such models with constant elasticity with respect to an input as well as with respect to all inputs. Moreover, we prove that a quasi-homogeneous production function f satisfies the proportional marginal rate of substitution property if and only f reduces to some symmetric production functions.
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TL;DR: Various sequences of extinguishing terrorist organizations are illustrated, how much to intervene, over which time periods to interven, and where to intervene.
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01 Jan 1990
TL;DR: Rasoolzadeh et al. as mentioned in this paper presented a paper on employment decline in the Douglas-fir Region's Lumber and Plywood Industries: An Analysis of Structural and Cyclical Factors, which was accepted for inclusion in Dissertations and Theses by an authorized administrator of PDXScholar.
Abstract: This Dissertation is brought to you for free and open access. It has been accepted for inclusion in Dissertations and Theses by an authorized administrator of PDXScholar. For more information, please contact pdxscholar@pdx.edu. Recommended Citation Rasoolzadeh, Majid, "Employment Decline in the Douglas-fir Region's Lumber and Plywood Industries: An Analysis of Structural and Cyclical Factors" (1990). Dissertations and Theses. Paper 1294.
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Posted Content•
TL;DR: In this article, the authors examined whether nonlinearities in the aggregate production function can explain parameter heterogeneity in the Solow (1956) growth regressions, and they showed that the nonlinearity in the production technology is introduced by replacing the linear Cobb-Douglas specification with the more general CES specification.
Abstract: In this paper we examine whether nonlinearities in the aggregate production function can explain parameter heterogeneity in the Solow (1956) growth regressions. Nonlinearities in the production technology are introduced by replacing the linear Cobb-Douglas specification with the more general CES specification. We justify our choice of production function by showing that in the context of cross-country level regressions, we can reject the Cobb-Douglas over the CES aggregate production specification. Then, by using the endogenous threshold methodology of Hansen (2000) we show that the Solow model under CES implies robust nonlinearities in the growth process that are consistent with the presence of multiple regimes. JEL Classification: O40, O47
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Additional excerpts
...The production function becomes Yi = · αK σ−1 σ i + (1− α)(ALi) σ−1 σ ¸ σ σ−1 , where α ∈ (0, 1) is now what Arrow et al. (1961) called the “distribution parameter” (rather than the share) of physical capital, and σ ≥ 0 is the elasticity of substitution between capital and technology-augmented…...
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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.
Abstract: В статье производится анализ агрегированной производственной функции, вводится аппарат, позволяющий различать движение вдоль такой функции от ее сдвигов. На основании сделанных в статье предположений делаются выводы о характере технического прогресса и технологических изменений. Существенное внимание уделяется вариантам применения концепции агрегированной производственной функции.
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01 Jan 1956TL;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
Abstract: Introduction This paper is a very brief treatment of three questions relating to the history of our economic growth since the Civil War: (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 from the shortterm fluctuations of business cycles, and, if so, what is the significance of these swings? The answers to these three questions, to the extent that they can be given, represent, of course, only a tiny fraction of the historical experience relevant to the problems of growth. Even so, anyone acquainted with their complexity will realize that no one of them, much less all three, can be treated satisfactorily in a short space. I shall have to pronounce upon them somewhat arbitrarily. My ability to deal with them at all is a reflection of one of the more important, though one of the less obvious, of the many aspects of our growing wealth, namely, the accumulation of historical statistics in this country during the last generation. For the most part, the figures which I present or which underlie my qualitative statements are taken directly from tables of estimates of national product, labor force, productivity, and the like compiled by others.
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