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

Taxation, Substitution, and Industrial Location

TL;DR: In this article, a general equilibrium neoclassical model is used to spotlight several important determinants of the sensitivity of industrial location to various general taxes levied in only one region of the United States.
Journal ArticleDOI

A Regional Test of the Heckscher-Ohlin Hypothesis

TL;DR: In this article, two important theories of comparative advantage have been developed as a basis for international or interregional trade: Ricardo's comparative costs and the Heckscher-Ohlin Theorem.
Posted Content

The Elasticity of Derived Demand, Factor Substitution and Product Demand: Corrections to Hicks' Formula and Marshall's Four Rules

TL;DR: In this article, a slip occurred in the original derivation, and a modified formula was presented, and it was shown that Marshall's First Rule is no longer generally valid, and that the first rule no longer applies.
Journal ArticleDOI

The Meaning and Measurement of the Real Value Added Index

TL;DR: In this paper, the fundamental national income identity in constant prices was maintained by evaluating both outputs and inputs in uniform prices, say, of the base year, for a given set of inputs and outputs.
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