In my last post on my Debtwatch blog, I finished by saying that the Physiocrats were the only School of economics to properly consider the role of energy in production. They ascribed it solely to ...

The Quarterly Journal of Economics, Vol. 59, No. 4 (Aug., 1945), pp. 543-562 (20 pages) Introduction: Experimental determination of a theoretical production function ...

In micro-economic theory much room is given to the discussion of inhomogeneous production functions, or more precisely, production functions with a monotonically decreasing elasticity of scale. On the ...

The author is editorial writer and columnist for The Economic Times. NEW DELHI: Now that double-digit inflation is raising its ugly head again, after quite a while, it’s time to have a re-look at the ...

When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

A comprehensive study of the reserve and production potential of the Barnett shale integrates engineering, geology, and economics into a numerical model that allows for scenario testing based on ...

CRUDE oil production has continued to decline, falling by eight per cent in 2023 when compared to 2022, according to the latest data from the Ministry of Energy and Energy Industries. Crude production ...