scispace - formally typeset
Journal ArticleDOI

Capital-labor substitution and economic efficiency

Reads0
Chats0
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

Estimating heterogeneous agent preferences by inverse optimization in a randomized nonatomic game

TL;DR: In this paper, the authors consider an externality game in which nonatomic agents choose from a finite set of alternatives and disutility is determined only by the number of agents choosing each alternative.
Book ChapterDOI

The Production Function

R. F. Wynn, +1 more
TL;DR: In this article, the basic theory of production and the properties of the production function are developed in this section and this is followed by their application to the Cobb-Douglas and C. E. S. functions resulting in a priori restrictions on the values of certain parameters.
Journal ArticleDOI

Near optimal regional investment using a simultaneous equation economic model

TL;DR: In this article, a regional growth model and a suitable objective function are presented to calculate both the optimal public investment for nominal parameter values and the sensitivity of the optimal solution with respect to changes in parameter values.

Exports, imports and technology in the US industry of motor vehicles and equipment

Wei Heng Chen
TL;DR: In this article, a restricted profit function is defined to represent the technology of the U.S. automobile industry and the substitutability relationships between the inputs and the outputs, between exports and imports, and between the foreign trade flows and the domestic factor inputs are all empirically revealed.
Journal ArticleDOI

Estimación y análisis de la Productividad Agrícola en Colombia

TL;DR: In particular, the authors analyzes si el pobre desempeño de la agricultura colombiana se debe al bajo crecimiento de su productividad o al baja ritmo de acumulación de sus inventarios.
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