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Author : David F. Heathfield
Publisher :
ISBN 13 : 9780391035072
Total Pages : 0 pages
Book Rating : 4.0/5 (35 download)
Download or read book An Introduction to Cost and Production Functions written by David F. Heathfield and published by . This book was released on 1987 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jesus Felipe
Publisher : Edward Elgar Publishing
ISBN 13 : 1782549684
Total Pages : 400 pages
Book Rating : 4.7/5 (825 download)
Download or read book The Aggregate Production Function and the Measurement of Technical Change written by Jesus Felipe and published by Edward Elgar Publishing. This book was released on 2013-10-31 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative and stimulating book represents a fundamental critique of the aggregate production function, a concept widely used in macroeconomics.
Author : Ronald William Shephard
Publisher : Princeton University Press
ISBN 13 : 1400871085
Total Pages : 321 pages
Book Rating : 4.4/5 (8 download)
Download or read book Theory of Cost and Production Functions written by Ronald William Shephard and published by Princeton University Press. This book was released on 2015-03-08 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sequel to his frequently cited Cost and Production Functions (1953), this book offers a unified, comprehensive treatment of these functions which underlie the economic theory of production. The approach is axiomatic for a definition of technology, by mappings of input vectors into subsets of output vectors that represent the unconstrained technical possibilities of production. To provide a completely general means of characterizing a technology, an alternative to the production function, called the Distance Function, is introduced. The duality between cost function and production function is developed by introducing a cost correspondence, showing that these two functions are given in terms of each other by dual minimum problems. The special class of production structures called Homothetic is given more general definition and extended to technologies with multiple outputs. Originally published in 1971. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Author : R.W. Shephard
Publisher : Springer Science & Business Media
ISBN 13 : 3642515789
Total Pages : 116 pages
Book Rating : 4.6/5 (425 download)
Download or read book Cost and Production Functions written by R.W. Shephard and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is the result of an interest in the economic theory of production intermittently pursued during the past three years. Over this period I have received substantial support from the Office of Naval Research, first from a personal service consulting contract directly with the Mathematics Division of the Office of Naval Research and secondly from Project N6 onr-27009 at Princeton Univer sity under the direction of Professor Oskar Morgenstern. Grateful acknowledgement is made to the ·Office of Naval Research for this support and to Professor Morgenstern, in particular, for his interest in the puolication of this research. The responsibility for errors and omissions, how ever, rests entirely upon the author. Professor G. C. Evans has given in terms of a simple total cost function, depending solely upon output rate, a treatment of certain aspects of the economic theory of production which has inherent generality and convenience of formulation. The classical approach of expressing the technology of production by means of a production function is potentially less restrictive than the use of a simple total cost function, but it has not been applied in a more general form other than to derive the familiar conditions between marginal productivities of the factors of produc tion and their market prices.
Author : Fouad Sabry
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 292 pages
Book Rating : 4.:/5 (661 download)
Download or read book Production Function written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-04 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Production Function The production function is a concept in economics that describes the technological relationship that exists between the quantities of physical inputs and the quantities of things that are produced. When it comes to standard neoclassical ideas, the production function is one of the most important notions. It is utilized to define marginal product and to differentiate allocative efficiency, which is a very important aspect of economics. As an engineer or a professional manager might understand it, one of the most important purposes of the production function is to address allocative efficiency in the use of factor inputs in production and the resulting distribution of income to those factors. This is accomplished while abstracting away from the technological problems that arise in the process of achieving technical efficiency. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Production function Chapter 2: Physical capital Chapter 3: Growth accounting Chapter 4: Marginal cost Chapter 5: Cobb-Douglas production function Chapter 6: Marginal product Chapter 7: Diminishing returns Chapter 8: Output (economics) Chapter 9: Returns to scale Chapter 10: Cost curve Chapter 11: Solow-Swan model Chapter 12: Total cost Chapter 13: Constant elasticity of substitution Chapter 14: Supply (economics) Chapter 15: Production (economics) Chapter 16: Marginal product of capital Chapter 17: Productivity Chapter 18: Marginal product of labor Chapter 19: AK model Chapter 20: Technological theory of social production Chapter 21: Cambridge capital controversy (II) Answering the public top questions about production function. (III) Real world examples for the usage of production function in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Production Function.
Author : Sukh Sampat Mehta
Publisher : Concept Publishing Company
ISBN 13 :
Total Pages : 196 pages
Book Rating : 4./5 ( download)
Download or read book Productivity, Production Function, and Technical Change written by Sukh Sampat Mehta and published by Concept Publishing Company. This book was released on 1980 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4./5 ( download)
Download or read book A Production Function-based Policy Stimulation Model of Perennial Commodity Markets written by and published by World Bank Publications. This book was released on with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Donald F. Larson
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4./5 ( download)
Download or read book heterogeneous technology and panel data: the case of the agricultural production function written by Donald F. Larson and published by World Bank Publications. This book was released on 2008 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The paper presents empirical analysis of a panel of countries to estimate an agricultural production function using a measure of capital in agriculture absent from most studies. The authors employ a heterogeneous technology framework where implemented technology is chosen jointly with inputs to interpret information obtained in the empirical analysis of panel data. The paper discusses the scope for replacing country and time effects by observed variables and the limitations of instrumental variables. The empirical results differ from those reported in the literature for cross-country studies, largely in augmenting the role of capital, in combination with productivity gains, as a driver of agricultural growth. The results indicate that total factor productivity increased at an average rate of 3.2 percent, accounting for 59 percent of overall growth. Most of the remaining gains stem from large inflows of fixed capital into agriculture. The results also suggest possible constraints to fertilizer use.
Author : Zhaoguang Hu
Publisher : Springer Science & Business Media
ISBN 13 : 3642407579
Total Pages : 449 pages
Book Rating : 4.6/5 (424 download)
Download or read book Electricity Economics: Production Functions with Electricity written by Zhaoguang Hu and published by Springer Science & Business Media. This book was released on 2013-11-22 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity Economics: Production Functions with Electricity studies the production output from analyzing patterns of electricity consumption. Since electricity data can be used to measure scenarios of economic performance due to its accuracy and reliability, it could therefore also be used to help scholars explore new research frontiers that directly and indirectly benefits human society. Our research initially explores a similar pattern to substitute the Cobb–Douglas function with the production function with electricity to track and forecast economic activities. The book systematically introduces the theoretical frameworks and mathematical models of economics from the perspective of electricity consumption. The E-GDP functions are presented for case studies of more than 20 developed and developing countries. These functions also demonstrate substantial similarities between human DNA and production functions with electricity in terms of four major characteristics, namely replication, mutation, uniqueness, and evolution. Furthermore, the book includes extensive data and case studies on the U.S., China, Japan, etc. It is intended for scientists, engineers, financial professionals, policy makers, consultants, and anyone else with a desire to study electricity economics as well as related applications. Dr. Zhaoguang Hu is the vice president and chief energy specialist at the State Grid Energy Research Institute, China. Zheng Hu is a PhD candidate at the Center for Energy and Environmental Policy, University of Delaware, USA.
Author : N. Gregory Mankiw
Publisher : Macmillan
ISBN 13 : 9780716752370
Total Pages : 600 pages
Book Rating : 4.7/5 (523 download)
Download or read book Macroeconomics written by N. Gregory Mankiw and published by Macmillan. This book was released on 2003 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fifth edition of the #1 bestselling intermediate macroeconomics text, with coverage based on the most recent data available, plus new student media resources.
Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 030909318X
Total Pages : 291 pages
Book Rating : 4.3/5 (9 download)
Download or read book Valuing Ecosystem Services written by National Research Council and published by National Academies Press. This book was released on 2005-05-14 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.
Author : G. Hasenkamp
Publisher : Springer Science & Business Media
ISBN 13 : 364245481X
Total Pages : 163 pages
Book Rating : 4.6/5 (424 download)
Download or read book Specification and Estimation of Multiple-Output Production Functions written by G. Hasenkamp and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is intended as a contribution to applied work in production theory by treating: a) The measurement problems involved whenever several outputs are jointly produced, and b) The (possible) econometric framework for estimating production function parameters whenever (relative) prices vary sufficiently over the observations. Thus, the "pure" theory of production, and the theory of non-linear regression is not treated in sufficient detail: for these topics we refer to the available literature~ for a comprehensive list of references we refer to Uebe (1975). Some years ago, papers by L. J. Lau and W. E. Diewert initiated my interest in duality within production theory, and then I started to appreciate R. W. Shephard's fundamental contribution to this topic. This monograph is a (minor) revision of a Ph. D. dissertation submitted to the Department of Economics, The University of Wisconsin, Madison, in August 1973. The Graduate School and the Social Systems Research Institute provided funds for the reported computer work, Lawrence R. Klein and Laurits R. Christensen provided data, and as a Graduate Student I received financial support in form of an University Fellowship~ all this is very much appreciated. With some nostalgia I think back to the enjoyable period of learning during the preparation of my diFosertation~ I appreciate the spirit within the department, and the guidance of my committee Arthur S. Goldberger, Dennis J. Aigner, and Laurits R. Christensen.
Author : Víctor Jorge Elías
Publisher : Intl Food Policy Res Inst
ISBN 13 : 9780896290518
Total Pages : 72 pages
Book Rating : 4.2/5 (95 download)
Download or read book Government Expenditures on Agriculture and Agricultural Growth in Latin America written by Víctor Jorge Elías and published by Intl Food Policy Res Inst. This book was released on 1985 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth of agriculture; Government expenditures on agriculture; Determinants of government expenditures on agriculture.
![Download Business Economics according to Minimum Uniform Syllabus Prescribed by National Education Policy [NEP 2020] for Semester - II PDF Online Free](https://books.google.com/books/content/images/frontcover/CNxjEAAAQBAJ?fife=w200-h370)
Author : Dr. Anupam Agarwal,
Publisher : SBPD Publications
ISBN 13 :
Total Pages : 247 pages
Book Rating : 4./5 ( download)
Download or read book Business Economics according to Minimum Uniform Syllabus Prescribed by National Education Policy [NEP 2020] for Semester - II written by Dr. Anupam Agarwal, and published by SBPD Publications. This book was released on 2022-03-12 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1.Famous Economist of India, 2 .Business Economics : Meaning, Nature and Scope, 3. Demand and Law of Demand , 4. Elasticity of Demand and its Measurement, 5. Theory of Cost (Short Run and Long Run Cost Curve), 6.Production Function , 7. Law of Return : Law of Variable Proportion, 8. Production Decision : Optimum Cost Combination, 9.Returns to Scale and Economics and Diseconomies of Scale, 10.Perfect Competition (Price Determination & Equilibrium of Firm in Perfect Competition), 11. Monopoly and Price Discrimination , 12.Monopolistic Competition, 13.Business Cycle , 14. Theories of Distribution , 15. Wages , 16. Rent , 17. Interest , 18. Profit .
Author : Charles Britt Moss
Publisher : World Scientific
ISBN 13 : 9811241279
Total Pages : 576 pages
Book Rating : 4.8/5 (112 download)
Download or read book Production Economics: An Empirical Approach written by Charles Britt Moss and published by World Scientific. This book was released on 2022-02-25 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production economics is that branch of microeconomics that examines producer decisions. This book focuses on the empirical estimation of these relationships using primal, dual, and differential specifications. The primal specification models production decisions based on the production function — estimation of the input/output relationship and the derivation of optimization behavior from this technical relationship. The dual approach estimates production decisions using economic information such as input and output prices. The textbook then develops the linkages between these relationships. The differential specification is an alternative approach derived from changes in the first-order conditions from cost minimizing behavior. In each case, the theoretical development is followed by different empirical specifications that can be used to estimate the producer's choice.
Author :
Publisher : Arihant Publications India limited
ISBN 13 : 9326193489
Total Pages : 733 pages
Book Rating : 4.3/5 (261 download)
Download or read book written by and published by Arihant Publications India limited. This book was released on with total page 733 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sridhar Hajra
Publisher :
ISBN 13 :
Total Pages : 358 pages
Book Rating : 4.3/5 (91 download)
Download or read book Production Function in Indian Industry written by Sridhar Hajra and published by . This book was released on 1977 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on the measurement and theoretical framework of production functions in the industrial sector in India - examines the suitability of the CES production function (constant elasticity of substitutes) for the Indian manufacturing industry, estimates variations in capital worker ratio, correlation between capital intensiveness and wage rates, analyses the cost-price relationship with regard to industrial products, and includes a comparison with the USA manufacturing sector. Bibliography pp. 303 to 321, references and statistical tables.
