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
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Optimal Design of Coproductive Services: Interaction and Work Allocation
TL;DR: An analytical model of joint production between a service provider and a customer is developed and it is shown that, as a task becomes more standard, it is desirable to decrease the degree of interaction between the provider and the customer by making their efforts more substitutable and to allocate most of the work to whoever is the most efficient.
Journal ArticleDOI
Price Responsiveness of Factor Utilization in Swedish Manufacturing, 1870-1950
TL;DR: In this paper, the authors present an econometric investigation of the elasticity of substitution between capital and labor in Swedish manufacturing for the period 1870-1950 and present a general production model that allows the measurement of the price responsiveness of factor utilization.
Journal ArticleDOI
Shocking stuff: technology, hours, and factor substitution
TL;DR: This paper showed that the response of hours to technology shocks depends on the factor-augmenting nature of shocks and the capital-labor substitution elasticity in both models and developed analytical expressions to establish the thresholds determining its sign.
Journal ArticleDOI
Chapter 12 New uses of DEA and statistical regressions for efficiency evaluation and estimation — with an illustrative application to public secondary schools in Texas
TL;DR: New combinations of Data Envelopment Analysis (DEA) and statistical approaches that can be used to evaluate efficiency within a multiple-input multiple-output framework are examined, consistent with what might be expected from economic theory and informative for educational policy uses.
Journal ArticleDOI
Substitution elasticities in a constant elasticity of substitution framework – empirical estimates using nonlinear least squares
Simon Koesler,Michael Schymura +1 more
TL;DR: This article used the World-Input-Output Database (WIBD) to estimate substitution elasticities for a three-level nested constant elasticity of substitution KLEM production structure using up-to-date nonlinear least squares estimation procedures.
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