depended on oil production for its economic life for the past decades. However, it was typically known for traditional … help in promoting its real production sectors. Economic variables and factors of production, total production, total labor … improvements in the production patterns. The results of the analysis showed that there were improvements over time in total labor …

employment and to average hours of work. The main goal is to get accurate estimates of production function parameters. Low … frequency data generate better estimates of output- employment elasticity while high frequency data generate better estimates of … output-average hours elasticity. This result comes from the fact that time aggregation increases (decreases) the bias in the …

A two factor production function with a variable elasticity of substitution is considered. The note describes the … relation between the elasticity and the behavior of the marginal products and the output per unit input as the factor ratio …

In this paper we study the problem of ecient production and allocation of indi- visible objects among a set of …

This paper is aimed at discussing, within the framework of production microeconomics, the properties of production sets … conditions for the production set that are in line with our basic assumptions onthe effect of management, z may, in general, be …

complementarity in the production case based on duality, gross and net substitution, elasticity type, and four different basic … elasticities differ. This variation is considerable and shows that the correct elasticity should be used for the intended purpose … – there is no one true elasticity of substitution. The paper also reintroduces and clarifies Pigou’s contributions to the …

. Mathematically, the formula employed to calculate the growth elasticity of poverty leads to lower values for higher initial poverty …