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The technological theory of production and a method of decomposition of the rate of GDP in terms of labour and capital services

Pokrovski, Vladimir - EconWPA - 2003

It is assumed that performance of production system can be described with the three variables: amount of production equipment -- capital stock $K$ and 'consumption' of labour L and capital services S. It is shown that the production function can be specified as the known Cobb- Douglas production...

Persistent link: https://www.econbiz.de/10005134973

Trends in East European Factor Productivity

Kyn, Oldrich; Kyn, Ludmila - EconWPA - 2005

During the 1960s most of the countries of Eastern Europe experienced a visible retardation of economic growth. This paper supports the view of many Eastern as well as Western economists that the retardation was caused primarily by declining rates of growth of the total factor productivity. The...

Persistent link: https://www.econbiz.de/10005125000

Production Function of Skilled and Unskilled Labour in a Model of a Non-Growing Russian Economy. - Aberdeen: ILM Conference Proceedings, October 11-12, 1999. PP.560-575.

Olenev, Nicholas - EconWPA - 2003

This paper builds a production function of skilled and unskilled labour for the economy that does not grow. The paper uses the constant elasticity of substitution production function (CES) of skilled and unskilled labour on the micro level as an important building stone. The paper obtains a...

Persistent link: https://www.econbiz.de/10005125802

Production Functions Estimates for Soviet Industry and Some Implications

Kyn, Oldrich; Wagener, Hans-Juergen; Hocke, Joerg - EconWPA - 2005

This study presents estimation of production functions for the Soviet industry from the 1951—1970 data. Different specifications and estimation procedures were tried. The results diverged on a wide range and this may have serious implications. The paper shows possible effects of different...

Persistent link: https://www.econbiz.de/10005407937

The Effects of Life Expectancy on Fiji's Output: A Time Series Approach from 1970 to 2002

Rao, B Bhaskara; Nisha, Fozia; Prasad, Biman C - EconWPA - 2005

Compared to several cross-country studies on the determinants of growth, time series approaches are relatively few and limited in scope. However, time series studies are useful for country-specific policies. But in the recent time series works, with a few exceptions, ad hoc specifications of...

Persistent link: https://www.econbiz.de/10005412824

Restructuring and Measurement of Efficiency in Firms in Transition

Benacek, Vladimir; Shemetilo, Dmitri; Petrov, Alexei - EconWPA - 2001

In this paper we try to explain some restructuring patterns of Czech textile and clothing industries from a microeconomic point of view. We introduce two measures of production efficiency (the technical and the allocative efficiency) and look at changes in the behaviour of enterprises. In 1994,...

Persistent link: https://www.econbiz.de/10005412948

DETERMINANTS OF GROWTH RATE: SOME METHODOLOGICAL ISSUES WITH DATA FROM FIJI

Rao, Bhaskara; Rao, Maheshwar - EconWPA - 2005

Compared to many cross-country studies on the determinants of growth rate, time series approaches are relatively few and limited in scope. However, time series studies are useful for country-specific policies. But in many recent works ad hoc specifications have been used to analyze the...

Persistent link: https://www.econbiz.de/10005561111

Does a Soft Macroeconomic Environment Induce Restructuring on the Microeconomic Level during the Transition Period? Evidence from Investment Behavior of Czech Enterprises

Lizal, Lubomir - EconWPA - 2001

The paper analyzes investment behavior of industrial enterprises in the period immediately following price and foreign trade liberalization in the Czech Republic. It also focuses on the effect of Asoft@ macroeconomic environment on the microeconomic decisions. A dynamic investment function with...

Persistent link: https://www.econbiz.de/10005118676

Space, Growth and Technology: an Integrated Dynamic Approach

Gomes, Orlando - EconWPA - 2004

Economic phenomena are interrelated. From a growth perspective, time analysis concerning the choices of present and future consumption and the choices between the allocation of scientific resources should be combined with a space analysis regarding the dissemination of economic activity through...

Persistent link: https://www.econbiz.de/10005124884

A Second-Order Approximation to Technology Choices

Gomes, Orlando - EconWPA - 2004

, to choose how to allocate technological inputs. A technology choices model is developed, where scarce scientific … resources are alternatively allocated to basic science activities and to applied technology uses. We find that saddle path … objective function, that is, for a second-order Taylor series approximation of a felicity function regarding technology …

Persistent link: https://www.econbiz.de/10005124964