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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Journal ArticleDOI
Simple models for the consumption rate of fossil fuel
David B. Reister,Ralph M. Rotty +1 more
TL;DR: In this article, economic theory is used to derive a new model and the previous logistic type models are shown to be special cases of the new model, which can be used to forecast future atmospheric CO 2 levels.
Book ChapterDOI
Functional equation methods applied to economic problems: some examples
TL;DR: In the last decade several fields of economic theory derived great benefit by the consequent application of functional equation methods as mentioned in this paper, such as neutral technical progress, price index, and oligopoly-theory.
Journal ArticleDOI
An assessment of the impact of EU funds through productivity boosts using CES functions
TL;DR: In this article, the economic effects of European Funds on recipient countries are not without controversy, and the authors focus on the productivity coefficients of CES production functions in a multisectoral, interdependent general equilibrium model.
Journal ArticleDOI
K-Class Estimators: The Optimum Normalization for Finite Samples
TL;DR: In this article, the authors determine the optimum normalization for finite samples, based on the correlation coefficient between the ith endogenous variable and the disturbance, and measure endogenousness by p 2 i, and show that subject to several important qualifications, one should normalize on the most endogenous variable.
Posted ContentDOI
Falling Real Interest Rates, House Prices, and the Introduction of the Pill
J. Lu,Coen Teulings +1 more
TL;DR: In this paper, the authors demonstrate that these trends can be explained by changes in demographic structure associated with the introduction of the pill in the early 1970s, and find that an increase in house prices over the past decades was likely an efficient outcome that aided efficiency in the transition towards the new balanced growth path.
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