production functions
COBB Douglas, Constant Elasticity of Substitution (CES) and Transcendental Logarithmic Production Functions in Non linear Type of Special Functions
... [8] Dhrymes, P.J. (1965), “Some Extensions and Tests for the CES Class of Production Functions”, Review of Economics and Statistics, 47, 357-366. [9] Dhrymes, P.J. (1967), “Adjustment Dynamics and the ...
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THE INDUSTRIAL PRODUCTION VOLUME MODELING IN THE WEST KAZAKHSTAN REGION WITH THE PRODUCTION FUNCTIONS USING
... las production function is connected with it, having taken into account the impact of the technological and scientifi cally ...The production function after ...the production functions, which ...
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Macroeconomic Production Functions for Eastern Europe
... Cross-sectional estimates of the macroeconomic production functions were obtained for Czechoslovakia, Poland, Hungary, Bulgaria, and Rumania. The estimates of capital elasticities of output for ...
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Flexibly Nested Production Functions: Implementation for MONASH
... In the new treatment we define a theoretical structure which does not specify the nesting structure but reads it from the database. Clearly this new structure is much more flexible than the old. In our initial ...
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Econometric Issues and Methods in the Estimation of Production Functions
... Production functions (PF) are important components of many economic models. The esti- mation of PFs plays a key role in the empirical analysis of issues such as the contribution of different factors to ...
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Neural Networks for Approximating the Cost and Production Functions
... production functions. Traditionally, the estimation of cost and production functions in economics relies on standard specifications which are less than satisfactory in numerous ...and ...
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Simple approach to production functions via factor costs
... I am exploring the common ground between input-output accounting which deals with gross output expressed as a function o f all inputs, and production functions which usually confine them[r] ...
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Using price and demand information to identify production functions
... the production function, assuming a fi xed input, capital, and two variable inputs, labour and materials; a production and an (average) cost reduced form equations in terms of the fi xed input and the prices ...
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Yield production functions of irrigated sugarbeet in an arid climate
... Water production functions (ERS-ETa WPF and RY-ETa WPF) were fit to linear regression models, and ERS-IP WPF and RY-IP WPF were fit to quadratic regression ...the production system through irri- ...
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GMM estimation with persistent panel data: an application to production functions
... We consider the estimation of Cobb-Douglas production functions using panel data covering a large sample of companies observed for a small number of time periods. Standard GMM estimators, which eliminate ...
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Instruments of Production Functions as Reserves of Increase in Regional Tax Revenues
... of production – labor and ...of production functions enables to use their potential in order to study the reserves of increase in tax revenues of budgets of all levels and quantitatively substantiate ...
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R&D and productivity: Estimating production functions when productivity is endogenous
... for production functions that can accommodate the controlled Markov process that results from the impact of R&D on the evolution of ...ible functions of unobserved productivity (as first shown by ...
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Nonparametric Identification of Static and Dynamic Production Functions
... Generalize the above results, given for independent ob- servations (random samples), to time series. In [21] an autoregressive heteroscedastic model satisfying geometric ergodicity conditions is considered. The approach ...
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A Brief History of Production Functions
... a production system: the one often called the ‘technical efficiency’ and the other called the ‘allocative efficiency’ (see Libenstein et ...of production function assumes that the engineering and managerial ...
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On the Benefits of Normalization in Production Functions
... a production function that parametrized a con- stant elasticity of substitution, at least nine variants of CES production functions have been proposed in the ...
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Nonparametric Identification of the Production Functions
... of functions depending on multivariate density functionals and their derivatives is ...the production function, marginal productivity and marginal rate of technical substitution of ...the production ...
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Globalization and Structural Changes in the Indian Industrial Sector: An Analysis of Production Functions
... This function permits variable elasticity of production as well as substitution. In case k 3 = k 4 = 0 , it degenerates to the Cobb-Douglas production function. We have fitted this function to the data ...
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Globalization and Structural Changes in the Indian Industrial Sector: An Analysis of Production Functions
... in production, the wage rate of labour, etc are the crucial ...to production may indicate the nature of production technology and the share of capital in the returns to industrializations, but the ...
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Agricultural production functions
... suggested, all farmers have the same production function and know i t , and all seek to maximize profit, then they would all use the same amount of fertiliser and achieve the same level [r] ...
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Conceptual Analysis and Fieldwork in Macroeconometric Methodology: Modeling Unemployment, Inflation and Production
... Production functions are fundamental to conventional theory; prices, for example, are supposedly set in the light of variations in marginal costs, and real wages are thought to reflect variations in ...
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