Purpose – Although the importance of the elasticity of substitution between capital and labour (σ) has been recognized in many areas in economics, this parameter has not received enough attention in economic growth. The purpose of this paper is to review the recent development in the...

Emissions of global warming gases continue to rise as the world burns ever more coal, oil and gas for energy. The article, aims to run an investigation nexus between carbon dioxide (CO2) emission per capita and economic growth of energy consumption in over the period 1990-2100. To evaluate the...

Summary Many recent studies exploring conditional factor demand or factor substitution issues use firm level panel data. A considerable number of establishment panels contains no direct information on the capital input, necessary for production or cost function estimation. Incorrect measurement...

Summary A method is proposed to measure capital services in production. This means that productive assets are weighted according to their user costs. The user costs of the individual asset classes are estimated based on data from the national accounts and other sources. The results show that, in...

Purpose – The purpose of this paper is to understand technology diffusion in the banking sector in India by analyzing ATM (automatic teller machine) technology and its replacement of the teller (labor). ATMs are fast emerging as an important IT investment for a bank in India. Hence, in this...

A small and simple questionnaire survey of UK production managers was undertaken in 1983. The objective was to collect information to help in curriculum design. The summary results presented may be of interest to those who teach this subject. Data were collected from 45 production managers (and...

A framework is provided whereby a satisfactory manufacturing policy can be drawn up and policy amendments subsequently audited. Five axioms are set down which must be taken into account, and three unities, which must be preserved in a policy, are stated. The characteristics of the production...

Purpose – The purpose of this paper is to try to formulate a conceptual model for service-oriented export pricing by looking at both demand- and supply-side considerations by taking export price as a function of domestic price of service. Design/methodology/approach – Continuous time...