Journal ArticleDOI
Capital-labor substitution and economic efficiency
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
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Book ChapterDOI
How to Explain Ubiquity of Constant Elasticity of Substitution (CES) Production and Utility Functions Without Explicitly Postulating CES
TL;DR: It is shown that the CES requirement can be replaced by a more convincing requirement—that the combined effect of all the factors should not depend on the order in which the authors combine these factors.
Dissertation
Essays in Monetary and Fiscal Policy
TL;DR: In this paper, the authors consider the effects of removing small currency denominations from circulation, indexing the federal income tax code for inflation, and using different measures of inflation in policy considerations and find that these seemingly small policy changes possess the potential to have dramatic and lasting impacts on the economy.
Book ChapterDOI
Dark Spots in Trade Theory: Early Testing Attempts
TL;DR: In this article, the origins of the economic theory correspond to philosophers' attempts to explain why and how do countries trade with each other, and it is no surprise that despite the formidable developments of the theory, there still are dark spots in the economics of trade.
Journal ArticleDOI
The economic market outcomes and income distribution when capital is not homogeneous: Limits of technology
TL;DR: In this article, a microeconomic market model was proposed to address both the problems of the measurement of the physical capital and of substitutability between labor and capital in the short run using two types of technologies: labor neutral and labor reducing.
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