Factor Substitution between Capital and Labor
Elasticity of Factor Substitution and Capital Formation in a Two Sector Economy
... of capital-labor substitution in growing ...of substitution between capital and labor affects capital ...of factor substitution would be a relevant ...
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Factor Substitution and Employment
... Economy substitution (CES) production function in a variant of the [5] overlap- ping-generations ...of substitution between capital and (skilled) labor lies below unity in developed ...
10
Factor Proportions Wages in a Structural Vector Autoregression
... and factor endowments estimated directly for the first time in the present paper with a structural vector auto ...wage, labor force, fixed capital assets, and relative prices of services and ...
21
An Empirical Analysis of Substitution and Complementarity of Gender Labor Demand of Enterprises in Japan, Korea, and China: With a Factor Decomposition of Gender Wage Differentials
... significant factor in this was the discriminatory component of underpayment of ...human capital theory by marginal prod- uctivity, a tendency consistent with “discriminatory preference ...
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Death to the Cobb Douglas Production Function? A Quantitative Survey of the Capital Labor Substitution Elasticity
... of substitution needs a common benchmark ...of substitution is defined as a point elasticity, one needs to fix benchmark values for the level of production, factor inputs, and the marginal rate of ...
50
The Impact of Sharing Economy on China’s Labor Relations in the Internet Era
... certain labor relationship between the online car-hailing platforms and the ...of labor contracts or agreements with the drivers in order to clarify the rights and obligations of both ...sign ...
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Total Factor Productivity and Sources of Long Term Growth in Togolese Agriculture
... The paper attempts to measure the total factor productivity (TFP) in order to provide better empirical evidence on its contribution to Togolese agriculture growth. It applies the conventional growth accounting ...
14
Bank Capital, Credit Market Frictions and International Shocks Transmission
... bank capital channel to assess issues regarding the transmission of domes- tic and foreign ...bank capital channel and the exchange rate ...bank capital in an international framework and can be used ...
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Fragmentation in Production, Vertical Integration and Wage Inequality: A Theoretical Note
... through labor-market reforms if there is an increase in demand for low-skilled workers the wage inequality will improve in favor of the ...link between wage gap and an increase in outsourcing by ...
8
Capital Skill Complementarity: Does capital disaggregation matter?
... of substitution between non-technological capital and skilled labor is larger than the elasticity of sub- stitution between technological capital and unskilled ...unskilled ...
20
Revisiting the fiscal theory of sovereign risk from a DSGE viewpoint
... relationship between our analysis and previous work addressing sovereign risk or crises in the field of ...relationship between output and default observed in the ...
41
The Heterogeneity Among Commodity Rich Economies: Beyond the Prices of Commodities
... We focus on two key behavioural parameters in the model: the elasticity of substitution between government consumption and private consumption and the response of government consumption to changes in the ...
66
The Relation Between Capital and Labor as a Basis for the Distribution of the Added Value
... 2) Managing (active) stakeholders who, in addition to bearing the risk, also contribute to risk management, in particular employees, shareholders (active equity holders) and management, or others (for example, strategic ...
6
Willingness to Work, Human Capital and Job Satisfaction: A Case Study for Turkey
... Next we use the rotated component matrix to determine the composition of the components. For technical reasons we are not presenting the results in a table. Nevertheless, it has been clearly demonstrated that the first ...
20
Capital Substitution in an Industrial Revolution
... fixed capital. Since the Industrial Revolution the growth rate of total factor productivity has increased by an order of magnitude, the relative size of the agricultural sector has shrunk considerably, and ...
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Fragmentation in Production, Vertical Integration and Wage Inequality: A Theoretical Note
... through labor-market reforms if there is an increase in demand for low-skilled workers the wage inequality will improve in favor of the ...link between wage gap and an increase in outsourcing by ...
7
An Asymptotically Non Scale Endogenous Growth Model
... The model in this paper, in contrast to that of Peretto and Smulders (2002), is consistent with knowledge spillover theory because uncompensated knowledge spillovers are assumed to increase when the number of firms ...
19
Prototype Specification for a Real Computable General Equilibrium Model
... the substitution relations across factors of production and intermediate ...relation between capital and labor, with intermediate goods being used in fixed proportion to ...of capital, ...
41
Investigating the Trajectory of Egypt’s Potential Output: Pre and Post the Arab Spring
... that capital stock was the dominant factor contributing to potential GDP growth in Egypt, while the shares of both labor and total factor productivity in potential GDP growth rate have been ...
43
Wages, labour mobility and international trade
... link between trade reforms and migration is found in Faini and de Melo (1996), who ran a macro simulation for Morocco, revealing that the removal of import restrictions in Morocco shifted the composition of demand ...
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