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The Intensity of using production factors in Romania. Estimates from Cobb-Douglas and CES Models
Zaman, Gheorghe; Goschin, Zizi - In: Romanian Journal of Economics 25 (2007) 2(34), pp. 5-21
The production function explains the mechanism through which inputs are changed into outputs and the partial efficiency of labour and capital. It also allows for understanding the elasticity of substitution, which measures the percentage change in factor proportions due to a percentage change in...
Persistent link: https://www.econbiz.de/10005800673
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Produktion und Faktoreinsatz unter Transformationsbedingungen: Ökonometrische Analyse der Produktionstechnologie der ukrainischen Milchverarbeitungsindustrie
Perekhozhuk, Oleksandr; Grings, Michael - In: Journal of International Agricultural Trade and Development 60 (2011) 1
2003. Als alternative Funktionsformen wurden verschiedene Spezialfälle auf Basis der Translog- Produktionsfunktion … unrestringierte Translog-Produktionsfunktion neoklassischen Produktionsfunktionen vorzuziehen ist. Aufgrund der besonderen Situation ….T. irreführend, die Produktionstechnologie durch eine neoklassische Produktionsfunktion zu beschreiben. So wird für den Faktor Arbeit …
Persistent link: https://www.econbiz.de/10011143160
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The "task approach" to labor markets : an overview
Autor, David H. - In: Journal for Labour Market Research 46 (2013) 3, pp. 185-199
"An emerging literature argues that changes in the allocation of workplace 'tasks' between capital and labor, and between domestic and foreign workers, has altered the structure of labor demand in industrialized countries and fostered employment polarization - that is, rising employment in the...
Persistent link: https://www.econbiz.de/10010731980
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The "task approach" to labor markets : an overview
Autor, David H. - In: Journal for Labour Market Research 46 (2013) 3, pp. 185-199
"An emerging literature argues that changes in the allocation of workplace 'tasks' between capital and labor, and between domestic and foreign workers, has altered the structure of labor demand in industrialized countries and fostered employment polarization - that is, rising employment in the...
Persistent link: https://www.econbiz.de/10010699078
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Isoelastic elasticity of substitution production functions
Growiec, Jakub - Narodowy Bank Polski - 2015
We generalize the normalized Constant Elasticity of Substitution (CES) production function by allowing the elasticity of substitution to vary isoelastically with (i) relative factor shares, (ii) marginal rates of substitution, (iii) capital–labor ratios, or (iv) capital–output ratios....
Persistent link: https://www.econbiz.de/10011268621
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A class of changing elasticity of substitution production functions
Antony, Jürgen - In: Journal of Economics 100 (2010) 2, pp. 165-183
Persistent link: https://www.econbiz.de/10008596872
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Elasticity of Substitution for Production Functions in Romania and other Countries
Zaman, Gheorghe; Goschin, Zizi - In: Theoretical and Applied Economics 2(507) (2007) 2(507), pp. 3-12
The production function is explaining the mechanism through which inputs are changed into outputs and the partial efficiency of labour and capital. It also allows for understanding the elasticity of substitution, which measures the percentage change in factor proportions due to a percentage...
Persistent link: https://www.econbiz.de/10005099733
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ELASTICITY OF SUBSTITUTION BETWEEN LABOUR AND CAPITAL ACROSS TWENTY SIX MAJOR INDUSTRIES IN INDIA DURING 2004-05
UPENDER, M. - In: International Journal of Applied Econometrics and … 9 (2009) 1, pp. 101-110
The magnitude of the elasticity of substitution between labour and capital across twenty six major Industries [Factory Sector] in India has been estimated in the present paper by fitting a Constant Elasticity of Substitution Production Function for the year 2004-05.The empirical results emerged...
Persistent link: https://www.econbiz.de/10005041957
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Why is Europe lagging behind?
Pyyhtiä, Ilmo - Suomen Pankki - 2007
This paper builds on the literature on growth in searching for explanations for the divergent growth performance between the EU countries and the United States. We emphasise the role of R&D investment and perhaps different degrees of elasticity of substitution between capital and labour. We...
Persistent link: https://www.econbiz.de/10005648977
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Beschäftigungseffekte von Großflughäfen: Eine kritische Bestandsaufnahme
Bogai, Dieter; Wesling, Mirko - In: Review of Regional Research 31 (2011) 1, pp. 75-91
This paper deals with the influence of airport infrastructure on employment. The employment effects are divided into direct, indirect, induced and so called catalytic ones. After considering the theoretical impacts we assess the empirical works on this topic. These have to be distinguished...
Persistent link: https://www.econbiz.de/10010994649