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
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The Ideal Log-Change Index Number.
TL;DR: For example, Sato and Sato as discussed by the authors showed that the ideal log-change index corresponds to the addilog preference ordering introduced by Houthakker (1960), which is the self-dual preference ordering that corresponds to our ideal logchange index.
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Some Approaches to the Theory and Measurement of Total Factor Productivity: A Survey
Journal ArticleDOI
The Purchasing-Power-Parity Theory of Exchange Rates: A Review Article (Théorie de la parité des pouvoirs d'achat des taux de change: une étude) (La teorÃa de los tipos de cambio basados en la paridad del poder adquisitivo: ArtÃculo de repaso)
TL;DR: The purchasing power parity (PPP) theory as mentioned in this paper is based on the assumption that the value of a currency is determined fundamentally by the amount of goods and services that a unit of the currency can buy in the country of issue.
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Economic Growth and the Elasticity of Substitution: Two Theorems and Some Suggestions
TL;DR: Klump and de La Grandville as mentioned in this paper proposed a two-factor constant-elasticity-of-substitution (CES) production function, which can be expressed in terms of the elasticity of substitution of the corresponding production 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