Results 131 to 140 of about 78,799 (235)
Labour Dynamics, Factor Substitution and Capital Adoption in Sub‐Saharan African Agriculture
ABSTRACT Ongoing structural transformations in many Sub‐Saharan African (SSA) economies are driving changes in labour inputs and wages, likely influencing smallholder agriculture and the direction of agricultural intensification processes. At the same time, the adoption of capital‐intensive technologies still remains puzzlingly low.
Pranav Patil +2 more
wiley +1 more source
Profit Maximization and the Threshold Price [PDF]
If the output market is perfectly competitive and the firm’s production function is not concave, an increase in the output price may lead to an explosive increase in firm’s profits at some point.
Mynbaev, Kairat
core +1 more source
Portfolio Optimization for Pension Purposes: Literature Review
ABSTRACT This systematic review identifies persistent challenges and gaps in the literature on pension portfolio optimization models. We searched, selected, and critically analyzed 82 articles from three major academic databases published over the past decade to investigate the barriers to the effective implementation of these models.
Leonardo Moreira +2 more
wiley +1 more source
Declining labour share – Evidence of a change in underlying production technology? [PDF]
The study demonstrates that the decline in the labour share in Finland can not be explained by the Cobb-Douglas production function. Instead, we propose an approach based on the constant-elasticity-of-substitution (CES) production function with labour ...
Ripatti, Antti, Vilmunen, Jouko
core
Understanding UK Productivity Using a Macroeconomic Lens
ABSTRACT We survey UK labor productivity over the long run, comparing it with other advanced economies, and focus on the sharp slowdown since the global financial crisis. Using a growth accounting framework, we highlight the primary role of total factor productivity (TFP), while noting that the contribution of capital shallowing is influenced by ...
Jagjit S. Chadha, Issam Samiri
wiley +1 more source
Indian Agriculture in the New Economic Regime, 1971-2003: Empirics based on the Cobb Douglas Production Function [PDF]
This paper reviews the trends in Indian Agriculture before and after the introduction of the economic reforms, and the advent of WTO regime. We employ the Cobb Douglas Production Function using the OLS specification to investigate the determinants of ...
Kamat, Manasvi +2 more
core +1 more source
Trade in Value‐Added and the Welfare Gains of International Fragmentation
ABSTRACT This study examines the overall impact of international production fragmentation on the welfare gains from trade. Using a novel model that accounts for shifts in preferences between local and foreign goods and distinguishes between intermediate and final goods trade, we gain a more nuanced understanding of how fragmentation shapes these ...
Arnold Njike
wiley +1 more source
Optimization of Cobb-Douglas production functions
Lely Holida +2 more
openaire +1 more source
Growth Accounting in the Open Economy: An Array of Perspectives
ABSTRACT In this paper, we show how Törnqvist growth accounting in the open economy can be conducted from a number of different perspectives, depending on which input and output prices or quantities are chosen to be the explanatory factors. This approach offers a wide spectrum of decompositions, each one being potentially best suited to analyze ...
Ulrich Kohli
wiley +1 more source
Effects of Trade Openness on Economic Growth: The Case of African Countries [PDF]
The relationship between trade and productivity has not been established theoretically. Some researchers have indeed found some, if not complete, support for the view that increasing openness has a positive impact on productivity.
Akuffo, Akua S. +3 more
core +1 more source

