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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Equilibrium Unemployment with Capital Investments under Labour Market Imperfections
TL;DR: In this article, the effects of labour market imperfections and the capital stock on equilibrium unemployment were investigated in 16 OECD countries, using 28 years of quarterly data from the International Organization for Standardization (ISO).
Journal ArticleDOI
Econometrische Modellen En Georganiseerd Overleg In De Economische Planning
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On the Optimal Labor Income Share
TL;DR: This paper used a micro-founded endogenous growth model calibrated on US data and found that the socially optimal labor share is 17% (11 pp) above the decentralized equilibrium, calibrated to match the average observed in history.
Book ChapterDOI
Elements of Production
TL;DR: In this article, the constant elasticity of substitution functions with negative exponents has been used to capture capacity constraints in production and cost functions, combined with the putty/clay ideas of malleable versus fixed capital during investment periods from the 1970s, to facilitate the discussion of evolving competition among few big firms to many small firms.
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On the geometry of luxury
TL;DR: In this article, a 2-parameter class of ordinal utility functions over a pair of goods is discussed with respect to general traits of preferences for luxury, and the class contains Cobb-Douglas functions as no-luxury limit.
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