Service production functions

The paper derives production functions designed to model the evolution of service industries. The derivation is based on specifying the output elasticities of the factors according to differential equations and asymptotic technological boundary conditions in factor space. The derived functional forms incorporate labor, capital, energy, and technological parameters, whose time changes model innovation and structural change. The model is applied to the evolution of the German market-determined services 1960-1989.

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Year of publication:	2003
Authors:	Lindenberger, Dietmar
Publisher:	Köln : Institute of Energy Economics at the University of Cologne (EWI)
Subject:	Dienstleistungssektor \| Produktionsfunktion \| Energie \| Schätzung \| Deutschland \| Production Factor Energy \| Production Functions \| Structural Change

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Series:	EWI Working Paper ; 03.02
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	36828557X [GVK] hdl:10419/23150 [Handle]
Classification:	O30 - Technological Change; Research and Development. General ; Q43 - Energy and the Macroeconomy ; E23 - Production
Source:	EconStor

Persistent link: https://www.econbiz.de/10010263195