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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On the Choice of Functional Forms: Summary of a Monte Carlo Experiment
Robert Gagné,Pierre Ouellette +1 more
TL;DR: In this paper, the authors investigate the behavior of three flexible functional forms, i.e., translog, the symmetric McFadden, and generalized Barnett, and assess the ability of these forms to test theoretical properties and to measure technological characteristics.
Journal ArticleDOI
Curvature and the elasticity of substitution: Straightening it out
TL;DR: This article showed that there is no direct or inverse relationship between the two concepts, if curvature of the isoquant is defined either in its strict mathematical sense or as the second derivative.
Journal ArticleDOI
Assessing the impact of JIT using economic theory
James A. Brox,Christina Fader +1 more
TL;DR: In this paper, the authors combine ideas that are well founded in the production and inventory management literature, with analytical approaches that have been long established in the economic theory literature, to reveal and explore production-function characteristic differences between JIT producers and non-JIT producers among electronic firms in Ontario, Canada.
Journal ArticleDOI
Short-Run Productivity Behavior in U.S. Manufacturing
Thomas A. Wilson,Otto Eckstein +1 more
TL;DR: In this article, the authors examined the long-run trend in output per man-hour and examined the sources of that trend, and the short-run or cyclical behavior of productivity.
Journal ArticleDOI
CES technology and business cycle fluctuations
TL;DR: In this paper, a Bayesian-Maximum-Likelihood (BMK) method was used to estimate the elasticity of substitution between capital and labour in a DSGE model with a CES specification.
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