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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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Citations
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Journal ArticleDOI

A new class of production functions and an argument against purely labor-augmenting technical change

TL;DR: In this article, the authors derive a "Clayton-Pareto" class of production functions that nests both the Cobb-Douglas and the CES, and derive conclusions for the long-run direction of technical change.
Journal ArticleDOI

The Elasticity of Substitution Between Capital and Labour in the US Economy: A Meta-Regression Analysis

TL;DR: This article provided the first meta-regression analysis for the US economy and showed that the heterogeneity in previously reported estimates is driven primarily by modelling decisions for technological dynamics, rejecting the hypothesis of a Cobb-Douglas production function and estimating a long-run meta-elasticity for the aggregate economy in the range of 0.45-0.87.
Journal ArticleDOI

Calibration of normalised CES production functions in dynamic models

TL;DR: In this paper, the effect of the elasticity of substitution on the speed of convergence in the Ramsey model is computed with different normalisations, and it is shown that normalisation is necessary in order to exclude arbitrary effects.
Journal ArticleDOI

Productivity functions as a managerial tool in Israeli ports

TL;DR: In this paper, the authors examined the theories and assumptions within the ports of Israel, which offer a good example for analysing productivity because they are characterized by significant developments in the quality and quantity of inputs.
Journal ArticleDOI

Indicators for monitoring sustainable development goals: An application to oceanic development in the European Union

TL;DR: In this article, a detailed analysis of SDG 14 (Ocean) for European Union coastal states is presented, where the authors demonstrate how the inclusion of composite indicators that aggregate the individual indicators by applying a generalized mean can provide important additional information and facilitate the assessment of sustainable development in general and in the SDG context in particular.
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