Journal ArticleDOI
Capital-labor substitution and economic efficiency
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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.read more
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Book ChapterDOI
The Economic Implications of Learning by Doing
TL;DR: It is by now incontrovertible that increases in per capita income cannot be explained simply by increases in the capital-labor ratio as mentioned in this paper, and that knowledge is growing in time.
Journal ArticleDOI
Exact and superlative index numbers
TL;DR: In this paper, the authors rationalize certain functional forms of index numbers with functional forms for the underlying aggregator function, and show that a certain family of index number formulae is exact for the "flexible" quadratic mean of order r aggregator functions.
Journal ArticleDOI
An Application of the Shephard Duality Theorem: A Generalized Leontief Production Function
TL;DR: In this paper, the authors use the Shephard duality theorem to obtain a system of derived demand equations which are linear in the technological parameters, thus facilitating econometric estimation.
Journal ArticleDOI
Real Wages, Employment, and Inflation
TL;DR: One of the oldest and most prestigious journals in economics, the Journal of Political Economy (JPE) as discussed by the authors, provides significant and essential scholarship in economic theory and practice, including monetary theory, fiscal policy, labor economics, development, microeconomic and macroeconomic theory, international trade and finance, industrial organization, and social economics.
Journal ArticleDOI
Production Functions with Constant Elasticities of Substitution
TL;DR: In this article, the authors discuss the effect of different types of modifiers on the performance of different kinds of games. But they do not discuss the impact of different modifiers on each game.
References
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Patterns of industrial growth
TL;DR: The authors showed that an increase in per capita income in a country is normally accompanied by a rise in the share of industrial output, but this over-all relationship does not necessarily apply to every individual country.