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 ...
In micro-economic theory much room is given to the discussion of inhomogeneous production functions, or more precisely, production functions with a monotonically decreasing elasticity of scale. On the ...
An organizational structure defines how the various functions and activities, such as supervision, coordination and task allocation, are directed toward the achievement of a company's objectives. The ...
Relating the Knowledge Production Function to Total Factor Productivity: An Endogenous Growth Puzzle
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...
The author is editorial writer and columnist for The Economic Times. NEW DELHI: Now that double-digit inflation is raising its ugly head again, after quite a while, it’s time to have a re-look at the ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Children with sickle cell disease (SCD) often have obstructive lung function abnormalities which could be due to asthma or increased pulmonary blood volume; it is important to determine the underlying ...
Mitochondria are the small organelles that generate the energy our bodies need to grow, move, and stay healthy. As mitochondria have to constantly adjust their function to meet the cell's energy ...
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