Search Results - subject:"Elasticity of output"

Analysis of the Contribution of Total Factor Productivity to Agricultural Yield in Anhui Province

Xia, Yan-lei - In: Asian Agricultural Research 03 (2011) 05

By analyzing data concerning agricultural development from 1981 to 2010 in Anhui Province, the total factor productivity and growth rate of agriculture from 1981 to 2010 are estimated empirically. By dividing years from 1981 to 2010 into several subintervals, this paper evaluates and analyzes...

Persistent link: https://www.econbiz.de/10009365730

A cross-country non parametric estimation of the returns to factors of production and the elasticity of scale

Marquetti, Adalmir - In: Nova Economia 17 (2007) 1, pp. 95-126

This paper employs local regression to estimate the output elasticity with respect to labor, human capital, physical capital and the elasticity of scale for 90 countries in 1985 and 1995. The results support the hypotheses of constant returns to scale to factors and decreasing returns to...

Persistent link: https://www.econbiz.de/10005652830

Why labor income shares seem to be constant?

Zuleta, Hernando - UNIVERSIDAD DEL ROSARIO - 2007

shares are equal to the elasticity of output with respect to factors have had important implications for economic theory …. However, there are various theoretical reasons why the elasticity of output with respect to reproducible factors should be … to the elasticity of output with respect to factors then the labor income share must be negatively correlated with the …

Persistent link: https://www.econbiz.de/10005769410

An empirical note on factor shares

Zuleta, Hernando - UNIVERSIDAD DEL ROSARIO - 2007

for the claim that the elasticity of output with respect to reproducible factors, human and physical capital, is …

Persistent link: https://www.econbiz.de/10005262972

Aggregate Output, Capital, and Labor in the Post-War U.S. Economy

Levy, Daniel - In: Economics Letters 33 (1990) 1 (May), pp. 41-45

New estimates of an aggregate long-term production function for the post-war U.S. economy are reported. The results indicate that this long-term aggregate production function exhibits a slight but statistically significant increasing returns to scale. Since virtually all econometric growth...

Persistent link: https://www.econbiz.de/10012140508

Accomulation of capital

Garegnani, Pierangelo; Palumbo, Antonella - Dipartimento di Economia, Università degli Studi di Roma 3 - 1997

The paper deals with the ‘Keynesian’ theories of accumulation, i.e. those sharing the premise that in the long period, no less than in the short, it is investment that generates the corresponding amount of savings, and thus aggregate demand what ultimately determines growth. The...

Persistent link: https://www.econbiz.de/10005590608

Output, Capital, and Labor in the Short, and Long-Run

Levy, Daniel - In: Southern Economic Journal 60 (1994) 4, pp. 946-960

output at and near the zero frequency band. Furthermore, I show that the zero-frequency labor elasticity of output may well …

Persistent link: https://www.econbiz.de/10012120756