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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.

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Posted Content

That Elusive Elasticity: A Long-Panel Approach To Estimating The Price Sensitivity Of Business Capital

TL;DR: This paper developed an estimation strategy that exploits panel data in an original way and avoids several pitfalls -difficult-to-specify dynamics, transitory time-series variation, and positively sloped supply schedules - inherent in investment equations that can bias the estimated elasticity.
Journal ArticleDOI

Does Academic Research Help or Hurt MBA Programs

TL;DR: In this paper, the authors investigated the short and long-term effects of academic research in 57 business schools over 18 years on academics', recruiters', and applicants' perceptions as well as on the schools' education performance with current students.
Journal ArticleDOI

Does Accounting Conservatism Mitigate the Shortcomings of CEO Overconfidence

TL;DR: This article found that overconfident CEOs are more willing to initiate investment projects that require experimentation, yet tend to defer responding to the bad news when the project is not performing as planne...
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Factor Substitution, Average Firm Size and Economic Growth

TL;DR: In this article, it was shown that there is an inverse relation between the elasticity of substitution and average firm size, and that richer countries are characterised by a higher elasticity.
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