Journal ArticleDOI
Capital-labor substitution and economic efficiency
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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
An Alternating Algorithm for Finding Linear Arrow-Debreu Market Equilibria
Po-An Chen,Chi-Jen Lu,Yu-Sin Lu +2 more
TL;DR: This paper designs an algorithm for computing linear bijective market equilibrium, based on solving the rational convex program formulated by Devanur et al, that repeatedly alternates between a step of gradient-descent-like updates and a distributed step of optimization exploiting the property of such conveX program.
Journal ArticleDOI
A Note on Numerical Estimation of Sato’s Two-Level CES Production Function
TL;DR: In this paper, Sato's two-level CES production function has been estimated by nonlinear regression carried out through five different methods of optimization, namely, Hooke-Jeeves Pattern Moves (HJPM), the Hooke Jeeves-Quasi-Newton, the Rosenbrock Quasi Newton (RQN), the Differential Evolution (DE), and the Repulsive Particle Swarm methods (RPS), which are particularly suited to optimization of extremely nonlinear (often multimodal) objective functions.
Book ChapterDOI
Economic Growth in EAGLE Emerging Economies: Exogenous or Endogenous?
TL;DR: In this article, the role of capital with respect to labor is comprehensively analyzed in an AK type growth models and an unrestricted VES (Variable Elasticity of Substitution) production function is employed to estimate the elasticity of substitution between capital and labor varying with economic development for 15 emerging and growth-leading economies (EAGLEs).
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