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In this paper the degree of returns to scale and the rate of technical progress in major branches of Soviet industry are estimated using Soviet Republic data and a production model which is plausible on a priori grounds. The results suggest that each branch is characterized by a different...
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This study introduces and tests a new CES production function approach using data from five major branches of the Soviet industrial sector. The estimated equations obtained suggest that the Cobb-Douglas production function is the appropriate production function for all branches under...
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This paper is mainly concerned with measuring absolute and relative roles of diffusion of advanced technology and capital deepening in economic growth. The results obtained suggest an inverse U-shape relationship between productivity growth rates and levels of economic development. These results...
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In this paper, the author provides estimates of the rate of technical progress and the degree of returns to scale experienced by the nine major branches of Soviet industry. The results reveal that different production functio ns (the Cobb-Douglas, CES, and Kmenta approximation) and different es...
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