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 ...
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 per worker production function attempts to model how much a single employee will produce based on either land available or capital invested. The Malthusian model bases it solely on land while the ...
The Quarterly Journal of Economics, Vol. 59, No. 4 (Aug., 1945), pp. 543-562 (20 pages) Introduction: Experimental determination of a theoretical production function ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The paper develops a methodology based on the production-function approach to estimate potential output of the Polish ...
Relating the Knowledge Production Function to Total Factor Productivity: An Endogenous Growth Puzzle
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...
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