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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Book ChapterDOI
Demand for Labor
TL;DR: In this article, the authors summarized the evidence on the effects of these costs and on the role of government regulations in altering the level and time path of employment, including minimum wages, overtime restrictions and penalties, and payroll taxes.
Journal ArticleDOI
Energy efficiency and the slump in labour productivity in the USA
TL;DR: This paper found that energy conservation has not reduced the growth rate for real GNP by more than 0.3 percentage points and that less than one-fifth of the overall slump in labour productivity since 1973 should be attributed to higher energy prices.
Journal ArticleDOI
Why do growth rates differ? Evidence from cross-country data on private sector production
Juha Kilponen,Matti Virén +1 more
TL;DR: In this paper, the authors estimate standard production functions with a new cross-country data set on business sector production, wages and R&D investment for a selection of 14 OECD countries including the US.
Journal ArticleDOI
Numerical solution of nonlinear planning models
David A. Kendrick,Lance Taylor +1 more
TL;DR: In this paper, a four sector model with nonlinear welfare, production, and investment functions is developed and solved using conjugate gradient and neighboring extremal methods, and sensitivity tests on the turnpike properties of the model and on changes in the elasticity of substitution parameters in the production function are discussed.
Journal ArticleDOI
On the effects of firing costs when investment is endogenous: An extension of a model by Bertola
Ole Risager,Jan Rose Sørensen +1 more
TL;DR: In this article, the authors analyzed how job security policies, which in practice result in higher firing costs, affect employment in a model that recognizes that these policies also affect profitability and investment.
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