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The paper enumerates the factors that determine the production potential of the company, points out the references to the opinions of economic experts in terms of productive investment. The criteria are "inferred" and economically interpreted. Decision making is based on initial information, on...
Persistent link: https://www.econbiz.de/10010682813
The paper enumerates the factors that determine the production potential of the company, points out the references to the opinions of economic experts in terms of productive investment. The criteria are "inferred" and economically interpreted. Decision making is based on initial information, on...
Persistent link: https://www.econbiz.de/10010773091
What do we know about the relationship between innovation and productivity among firms? The workhorse model of this … innovation are derived. The recent empirical evidence on the relationship between innovation and productivity in firms is then … surveyed. The conclusion is that there are substantial positive impacts of product innovation on revenue productivity, but that …
Persistent link: https://www.econbiz.de/10010712167
We analyse the contribution of land to production activity for Japanese manufacturing industries employing panel data of the firms. Since land is not necessarily held for production purpose, we check the concavity of the cost function to see whether production is conducted efficiently.
Persistent link: https://www.econbiz.de/10008602900
The aim of this article is to underline the development of the Evolutionary Theory starting from the original book of Nelson and Winter [1982]. This book is inspired by the Shumpeterian and Simonian traditions even if these authors are abandoning some of their core hypothesises. Nelson and...
Persistent link: https://www.econbiz.de/10008578381
This paper provides a simple proof of the result that if a production function is homogeneous, displays non-increasing returns to scale, is increasing and quasiconcave, then it is concave. If the function is strictly quasiconcave or one-to-one, homogeneous, displays decreasing returns to scale...
Persistent link: https://www.econbiz.de/10008765094
Este trabajo contrasta la hipótesis de que, en la ciudad de Santa Cruz de la Sierra (Bolivia), las empresas continúan concentradas de forma monocéntrica. Para ello se estima un modelo estadístico que compara densidades locales para contrastar la hipótesis monocéntrica. Los índices de...
Persistent link: https://www.econbiz.de/10008783609
Distinguishing between intended ("good") production and unintended or residual ("bad") generation, we introduce the concept of by-production. In by-production technologies, pollution is an output that satises a "costly disposability" assumption and violates standard free disposability with...
Persistent link: https://www.econbiz.de/10008852505
We propose a set of comprehensive axioms that seek to capture our intuitive understanding of the properties of an emission-generating technology (EGT). We show that an EGT that satises these axioms can be parametrically represented by more than one implicit production function that are derived...
Persistent link: https://www.econbiz.de/10011149691
Cobb Douglas production function parameters are not identified from cross-section variation when inputs are perfectly flexible and chosen optimally, and input prices are common to all firms. We consider the role of adjustment costs for inputs in identifying these parameters in this context. The...
Persistent link: https://www.econbiz.de/10011152497