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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
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Aggregate Stability and Balanced-Budget Rules
Matteo Ghilardi,Raffaele Rossi +1 more
TL;DR: In this paper, a more general and data coherent class of production functions, namely a constant elasticity of substitution production function, is introduced in an otherwise standard real business cycle model.
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Modern Knowledge Based Economy: all-factors endogenous growth model and total investment allocation.
TL;DR: In this article, the authors proposed an all-factors endogenous growth model for the modern knowledge-based economy where savings are the unique source of investments and the ultimate goal is to determine the optimal rate of savings and the optimal, i.e., delivering maximum cumulative consumption during given period, total investment allocation among physical capital, human capital, natural capital, knowledge capital and knowledge capital, all subject of endogenous growth.
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Variational Sequential Optimal Experimental Design using Reinforcement Learning
TL;DR: In this paper , a variational sequential optimal experimental design (vsOED) method is proposed to optimally design a finite sequence of experiments under a Bayesian framework and with information gain utilities.
Studies in environmental production and transport economics
TL;DR: Aquesta tesi de doctorat fa servir l'estadistica i el modelatge d'econometria per explorar, en termes empirics, tres questions sobre energia i economia ambiental as mentioned in this paper.
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Trevor Swan and the Neoclassical Growth Model
TL;DR: The authors examined the history of Swan's development of the growth model, the similarities and differences between the approaches of Swan and Solow and the reasons why Swan's contribution has been overshadowed.
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