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 ...

Herongate Horses's production function is given by: F(z 1, z 2) = (1/4)z 1 z 2. a). Does Herongate Horses's production function exhibit constant, increasing, or decreasing returns to scale? Explain ...

The knowledge production function is central to R&D-based growth models. This paper empirically investigates the knowledge production function and intertemporal spillover effects using cointegration ...