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Convex output set is common hypothesis in production theory and empirical applications such as the Data Envelopment …
Persistent link: https://www.econbiz.de/10005207925
classical firm theory. Design/methodology/approach – The research question addressed in this study is mainly related to the … future research attempts in application of the theory of company's growth driven by its intangible capital. …
Persistent link: https://www.econbiz.de/10010750266
Convex output set is common hypothesis in both production theory and empirical applications such as the Data …
Persistent link: https://www.econbiz.de/10005198489
This paper gives an outline of evolution of the concept and econometrics of production function, which was one of the central apparatus of neo-classical economics. It shows how the famous Cobb-Douglas production function was indeed invented by von Thunen and Wicksell, how the CES production...
Persistent link: https://www.econbiz.de/10005837317
This paper is a new onset about production functions. Because all papers on this subject use the projections of production functions on a plan, the analysis becomes heavy and less general in conclusions, and for this reason we made a treatment from the point of view of differential geometry in...
Persistent link: https://www.econbiz.de/10005099967
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 article treats the reduction of quadratic forms to the normal form by Gauss's method taking in discussing various determinants whose behavior will determine its nature. Applications of this method are illustrated for the most common production functions: Cobb-Douglas and CES.
Persistent link: https://www.econbiz.de/10010659097
-Douglas function but also point towards an alternative interpretation of phenomena such as the way monetary policy impacts productivity. …
Persistent link: https://www.econbiz.de/10009018211
The article deals with a production function of two factors with constant scale return where the elasticity of one of the factors is a function of first degree. After the examination of parameters conditions according to the axioms of the production functions, there are computed the main...
Persistent link: https://www.econbiz.de/10011152670
The article deals with a production function of three factors with constant scale return where each elasticity of two of the factors is a function of first degree. After the examination of parameters conditions according to the axioms of the production functions, there are computed the main...
Persistent link: https://www.econbiz.de/10011124176