on high value added production. …

This paper analyzes microeconomic production functions of Czech small medium enterprises. We use the data from 2002 to … production process. Our results demonstrate that Czech SME depend in their functioning more on labour than on capital. The impact …

additional delivery risk on hedgers. This paper derives the optimal production and futures hedging strategy for a risk …

dimensions in economic production. A distinction is proposed between direct and indirect substitution. Linked to this, a … classification is offered of various types of substitutability and complementarity relationships between production factors. It is … argued that the neoclassical production function may be consistent with mass balance, but is unsuitable for a detailed and …

model examines the autocatalytic relationship between the production of commodities and knowledge. The driving forces of …

model in which domestic and foreign investment interact in two important ways. First, the MNC's production technology allows … from Canadian MNCs that invest solely in the United States. Our estimtes support the view that production and adjustment …

We argue for a shift in the focus of modeling production from the traditional assumptions of profit maximization and … the analysis of production and recover value-maximizing technologies. We show how this shift can be implemented using the … between the risk-incentives literature in banking that ignores the microeconomics of production and the production literature …

production of high-tech goods by production or R&D-subsidies in the short and long run. The difficulties for the policy-makers in … designing a subsidy scheme that succeeds in expanding aggregate high-tech production involve taking into account the trade …-off between resources used in R&D and production of high-tech goods, the relative impact of different R&D activities on …