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Arguably therefore, the production functions used in economic theory—whether spouted by mainstream Neoclassical or non-orthodox Post Keynesians—deserve to “collapse in deepest humiliation”.
The neoclassical growth theory is an economic concept where equilibrium is found by varying the labor amount and capital in the production function.
The Review of Economics and Statistics is an 84-year old general journal of applied (especially quantitative) economics. Edited at Harvard University's Kennedy School of Government, The Review has ...
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 ...
Agricultural Development Bank of Pakistan annual reports since 1970, Annual Economics Surveys for various years, and Agricultural Indicators Series -4, 1985 Agricultural Credit Survey (Commercial ...
Objective Function in Economic Models of Decisions on Production Evidence from Swiddeners in Tripura Support Us Your Support will ensure EPW’s financial viability and sustainability. The EPW produces ...
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 ...
Volkswagen, Mobileye to bring new automated driving functions to series production The technologies, which later will be integrated by VW's software unit Cariad, include assistance systems for ...
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