Dieser Beitrag widmet sich im ersten Teil der fundierten Herleitung einer Definition von Co‑Produktion aus produktionstheoretischer Sicht. Dazu werden zunächst die Begriffsbausteine "Produktion" und "Co" einzeln analysiert. Die anschließende Vereinigung zu einer Arbeitsdefinition fokussiert...

This paper introduces tasks into the neoclassical production sector. Competitive firms choose the profit-maximizing amounts of factor-specific tasks that determine their factor demands and output supplies. We show that the effect of factor-augmenting technical change on relative and absolute...

This work seeks to answer the "population question," i.e. the effect of population growth on production per capita. This question has lingered in economic thought for centuries and to this day two general lines of thought can be identified, which might be marked as the "optimist" and the...

In contrast to Mandler's (1999a; Theorem 6) impossibility result about the Sraffian indeterminacy of the steady-state equilibrium, we first show that any regular Sraffian steady-state equilibrium is indeterminate in terms of Sraffa (1960) under the simple overlapping generation economy. Moreover, we...

This paper analyzes the effect of technical change on income distribution and profitability by comparing the long-run outcomes defined by a uniform profit rate in a multisector linear economy. We study three scenarios with (i) fixed real wage; (ii) fixed profit rate; or (iii) fixed wage-profit...

Introduction -- Normative versus positive analysis in the history of the theory of production -- The division of labour and the theory of the firm -- Proto-neoclassicals and the theory of production -- Appendix: a very brief history of perfect competition -- The representative firm -- The...

The capital-to-labor ratio has steadily risen in the U.S. and elsewhere during the post-WWII period. Since the 1970s this rise has been accompanied by a rise in the level and variability of corporate profits whereas the labor share of income has declined. In this paper we ask whether these...

Pierangelo Garegnani, in a paper read at the conference on Piero Sraffa held at the Accademia Nazionale dei Lincei in February 2003, put forward an interpretation of the origin of the research project which led Sraffa to publish his book Production of Commodities by Means of Commodities...

Using a standard production model, we demonstrate theoretically that, even if labor is fully flexible, it generates a form of operating leverage if (a) wages are smoother than productivity and (b) the capital-labor elasticity of substitution is strictly less than one. Our model supports using...

Conventional models of production under uncertainty specify that output is produced in fixed proportions across states of nature. I investigate a representation of technology that allows firms to transform output from one state to another. I allow the firm to choose the distribution of its...

This phd contributes to the definition of efficiency measures and productivity indicator, in the microeconomic theory. It presents theoretical and empirical contributions. Firstly, this phd develops a review on standard measures of efficiency and productivity. It is shown that the directional...