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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Five capital impact assessment: Appraisal framework based on theory of sustainable well-being
TL;DR: In this article, the authors formulate an appraisal approach in context with sustainable development, based on the theory that humans depend on the size of stocks and flows from natural, manufactured, human, social and financial capital.
Journal ArticleDOI
Towards an IT production function: Understanding routines as fundamental for IT value creation
Heinz-Theo Wagner,Tim Weitzel +1 more
TL;DR: The goal of this paper is to identify core IT value drivers in firms and to model them as an IT production function to help disclose and measure the IT value creation process and to guide managers in seeking adequate ways of employing the IT resource.
Journal ArticleDOI
Productivity, returns to scale and the elasticity of factor substitution in the USA apparel industry
TL;DR: In this paper, the authors estimate the productivity and efficiency of the US apparel industry for the period 1976-93 utilizing a variable elasticity of factor substitution production function and find that the results indicate industry adjustment by increasing labor productivity and maintaining fairly stable profits despite job losses.
Biased efficiency growth and capital-labor substitution in the u.s., 1899-1960
TL;DR: The residual element in the growth of aggregate output, an element that is not accounted for by the growth in inputs of capital and labor measured in a more or less conventional manner, is aesthetically unsatisfying in explanations of the supply side of economic growth as mentioned in this paper.
Journal ArticleDOI
Investigating and comparing the dynamic patterns of the business value of information technology over time
Winston T. Lin,Chia-Hung Chuang +1 more
TL;DR: The three-factor constant elasticity of substitution time-varying stochastic production frontier models are applied and it is found that the dynamic patterns of IT value are closely related to the substitution and complement of three inputs and the IT productivity paradox.
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