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 the ...
Contrary to this assumption, we document that underemployment of quasi-fixed inputs or low capacity utilization rates (CUR) is common across firms, especially in poor countries. Low CURs are ...
We introduce a new type of production function, called approximate Cobb-Douglas function, by a perturbation of Euler's partial differential equation characterizing homogeneous function. We show that ...
Government analytics refers to the use of data to diagnose and improve the machinery of government, or public administration. The Handbook introduces a public administration production function to ...
Create Citation More formats on IMF eLibrary Order a Print Copy The labor share has been declining in the United States, and especially so in manufacturing. This paper investigates the role of capital ...
A field experiment was conducted for two consecutive years to develop management alternatives for wheat cultivars (salt-tolerant and salt non-tolerant) cultivated under irrigated saline environment ...