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
More filters
Posted Content
On the onset of post-communist industrial development in central and east european economies
TL;DR: In this paper, the authors show that factor substitution does not occur identically because the elasticity of factor substitution varies among industries: in the labor-intensive sector, since manufacturers were able to substitute labor for physical capital in production more easily, legions of extra workers were employed and production rose.
Posted Content
Comparative Costs, the Invisible Hand, and Factor Endowments: Ricardo, Ohlin, and Samuelson
TL;DR: In this article, the Stolper-Samuelson Theorem is embedded in relative cost functions and their numerical inelasticity property, and a relative cost function connects isoquant tangents of contract curves with the tangents (shape) of production possibility curves.
Posted ContentDOI
Exchange of goods while investing into production and safety
TL;DR: In this article, the tradeoff between production and safety investment is scrutinized for two agents who convert resources into production and investment while simultaneously exchanging goods voluntarily, and two Cobb-Douglas parameters, one scaling production versus safety, and the other scaling the relative importance of two goods, impact two agents, i.e., production, safety effort, incomes, export, import, price and utilities.
Public Investment Strategies forRegional Development: AnAnalysis Based on Optimization andSensitivity Results
D. Hanson,Williamr . Perkins +1 more
TL;DR: In this article, two strategies for regional development are analyzed: one tandemandfactors (13), (31), (41) and supply factors (13, 31, (31, (41)).
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