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
The production of housing services and the derived demand for residential energy
TL;DR: In this article, the authors considered the production of housing service flows from stocks of real estate and flows of operating inputs, and considered the demand for residential energy as a factor input.
Journal ArticleDOI
U.s. elasticities of substitution and factor augmentation at the industry level
TL;DR: This article provided industry-level estimates of the elasticity of substitution (σ) between capital and labor in the United States and also estimate rates of factor augmentation, finding that aggregate σ is likely less than unity for a large majority of individual industries.
Journal ArticleDOI
Unwrapping some euro area growth puzzles: Factor substitution, productivity and unemployment
TL;DR: In this article, the authors estimate a long run supply-side system incorporating a CES production function with time-varying factor-augmenting technical progress for the euro area over the period 1970-2005.
Journal ArticleDOI
Economic resilience of the firm: A production theory approach
TL;DR: In this paper, the authors provide a microeconomic foundation for analyzing a comprehensive range of resilience tactics, incorporating both inherent and adaptive concepts of resilience, and derive optimality conditions for production with the use of each class of resilience in the context of a nested Constant Elasticity of Substitution (CES) function consisting of aggregated Capital, Labor, Infrastructure, and Materials.
Journal ArticleDOI
On Estimation of the CES Production Function - Revisited
TL;DR: In this paper, the authors suggest three (combinable) solutions that alleviate convergence problems and improve the reliability and stability of the results of the non-linear Constant Elasticity of Scale (CES) function.
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