Journal ArticleDOI
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
Citations
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Journal ArticleDOI
Modelling production opportunities — an historical overview☆
TL;DR: A panorama of the major scientific concepts created and used for this purpose and an attempt to organize them from the role they have played in a common historical perspective can be found in this article.
Journal ArticleDOI
The micro elasticity of substitution and non‐neutral technology
TL;DR: In this paper, the authors provide evidence on the micro capital-labor elasticity of substitution and the bias of technology using data on US manufacturing plants, and find several facts inconsistent with a Cobb-Douglas production function, including large, persistent variation in capital shares.
OtherDOI
The new science of pleasure: consumer choice behavior and the measurement of well-being
TL;DR: This article surveyed the origins of consumer choice theory and recent developments in consumer behavior and well-being, and reviewed the newer evidence on consumer behavior, and what this implies for measuring consumer choice behavior.
Journal ArticleDOI
Mending the Family Tree: A Reconciliation of the Linearization and Levels Schools of CGE Modelling
TL;DR: In this paper, the authors compare the levels and linearized representations of a non-linear AGE model and show that the levels representation offers a more natural starting point for expressing accounting conditions, whereas behavioural relationships are relatively more easily expressed in a linearized representation.
ReportDOI
Housing Demand, Cost-of-Living Inequality, and the Affordability Crisis
TL;DR: In this paper, the authors estimate housing demand using a novel compensated framework over space and an uncompensated framework over time, and provide a numerical nonhomothetic constant elasticity of substitution utility function for improved quantitative modeling.
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