Download or read book The CES and Par Production Techniques Income Distribution and the Neoclassical Theory of Production written by Lauri Tenhunen and published by . This book was released on 1990 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The CES and Par Production Functions and Income Distribution written by Lauri Tenhunen and published by LAP Lambert Academic Publishing. This book was released on 2013 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present study introduces the Par Production Technology. The CES and Par Production Technologies differ most in the following feature. In CES Technology the ratio of the income shares is not limited and the shares vary from 0 to 1 or vice versa depending on the ratio of (the two) inputs. In Par Technology the ratio of the income shares is finite and the limits are controlled by the distribution limit parameter(s). Both technologies supply a different system for the optimisation as they demand separate forms for the icome share equations. The Impossibility Theorem, proved by Uzawa (1968), implies that the CES production function can not be generalised on n (n>2) variables with arbitrary values of the partial elasticities. It could be inferred, that the relative income shares should have limited areas which are more narrow than between 0 and 1 in case the number of input variables is bigger than 2. The Par production function described here can be used in theoretical and empirical work both in the basic nonlinear and the linearised forms.
Download or read book Theory of Production written by Heinz D. Kurz and published by Cambridge University Press. This book was released on 1997-02-28 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors Kurz and Salvadori explore economic systems that are characterised by a particular kind of primary input in the production process, such as different kinds of labour and natural resources. These systems and the corresponding prices can be understood to reflect characteristic features of a capitalist market economy in an ideal way: they express the pure logic of the relationship between value and distribution in an economic system. Specific chapters deal with prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labour. The historical origins of the concepts used are also discussed in considerable detail.
Download or read book A Theory of Income Distribution written by Harold Lydall and published by Oxford University Press, USA. This book was released on 1979 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Modern Theories of Income Distribution written by Michael Charles Howard and published by . This book was released on 1979 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Textbook presenting an introduction to economic theories of income distribution evolved since the 1930s - surveys neoclassical equilibrium theory, and discusses neo-ricardian supply and demand and robinson's and pasinetti's theories. Bibliography pp. 187 to 193 and graphs.
Download or read book A History of the Theories of Production and Distribution in English Political Economy written by Edwin Cannan and published by . This book was released on 1903 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Lectures on the Theory of Production written by Luigi L. Pasinetti and published by . This book was released on 1977 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Profit and Wages written by Gustav Adolph Kleene and published by . This book was released on 1916 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Production Economics written by Svend Rasmussen and published by Springer Science & Business Media. This book was released on 2010-12-09 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the basic theory of how, what and when firms should produce to maximise profits. Based on the neoclassical theory of the firm presented in most general microeconomic textbooks, it extends the general treatment and focuses on the application of the theory to specific problems that the firm faces when making production decisions to maximise profits. Increasing level of government regulation and the use of specialised and often very expensive equipment in modern production motivates the following focus areas: 1) How to optimise production under restrictions., 2) Treatment of fixed inputs and the process of input fixation, 3) Optimisation of production over time, 4) Linear and Mixed Integer Programming as tools for optimisation in practice.
Download or read book The Ricardian Theory of Production and Distribution written by Frank Hyneman Knight and published by . This book was released on 1935 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Theories of Income Distribution written by Athanasios Asimakopulos and published by Springer. This book was released on 1988 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together the work of scholars who have written for it independent essays in their areas of particular expertise in the general field of income distribution. The first eight chapters provide a review of the major theories of income distribution, while the final two are con cerned with problems of empirical estimates and inferences. One of these chapters presents estimates of factor shares in national income in the United States, the United Kingdom and Canada, while the other ex amines how relationships between the size distribution of income and economic development are being investigated. A convenient way of conveying an understanding of how economic theorists have dealt with the distribution of income is to examine separ ately each major approach to this subject. Each contributor was thus assigned a particular approach, or a major theorist. No attempt was made to avoid the apparent duplication that occurs when the same references are examined by different contributors. The reader gains by seeing how the same material can be treated by those looking at it from different perspectives. A chapter each has been devoted to Marx and Marshall.
Download or read book Effective Demand And Income Distribution written by Marc Jarsulic and published by Routledge. This book was released on 2019-03-06 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considering ideas from various economic paradigms, namely post-Keynesian, neo-Ricardian, and neo-Marxian, this book discusses the importance of money to Keynes's analysis of effective demand and income distribution. It also considers the connections between relative prices and income distribution.
Download or read book Income Distribution written by K. R. Ranadive and published by Bombay : Oxford University Press. This book was released on 1978 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on the economics of income distribution, with particular reference to economic theory - discusses various theories (smith, ricardian, marxian, neo-classical, keynesian) in relation to cyclical behaviour of production functions, investment output ratios, saving trends, market structure and degree of monopoly, etc. Graphs and references.
Download or read book Economic Production written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2023-11-06 with total page 883 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Economic Production The process of production involves bringing together a number of different inputs, which can be either material or immaterial, in order to create output. In a perfect world, this output will be some kind of valuable good or service that contributes in some way to the overall utility of individual people. The theory of economics that is concerned with production is referred to as production theory, and it is closely connected to the theory of economics that is concerned with consumption. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Production (economics) Chapter 2: Growth accounting Chapter 3: Microeconomics Chapter 4: Capital intensity Chapter 5: Production function Chapter 6: Productivity Chapter 7: Output in economics Chapter 8: Capital accumulation Chapter 9: Total factor productivity Chapter 10: Surplus product Chapter 11: Prices of production Chapter 12: Net output Chapter 13: Productivity model Chapter 14: Measurement in economics Chapter 15: Factor market Chapter 16: Technological theory of social production Chapter 17: Fei-Ranis model of economic growth Chapter 18: Cambridge capital controversy Chapter 19: Socially necessary labour time Chapter 20: Surplus value Chapter 21: Macroeconomics (II) Answering the public top questions about economic production. (III) Real world examples for the usage of economic production in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of economic production 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 economic production.
Download or read book The time consuming character of the production process and the neoclassical theory of production and distribution written by Jens M. Haass and published by . This book was released on 1991 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Production Economics A Dual Approach to Theory and Applications written by Melvyn Fuss and published by Elsevier. This book was released on 2014-06-28 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributions to Economic Analysis: Production Economics: A Dual Approach to Theory and Applications, Volume 2 focuses on the theory of production from the standpoint of the "dual", the relationships between economic observables which are dual to physical technology. The selection first ponders on duality, intermediate inputs and value-added, Hicks' aggregation theorem and the existence of a real value-added function, and homotheticity and real value-added in Canadian manufacturing. Discussions focus on real value-added and the production structure, estimation of the production structure, double deflation and real value-added, measurement of total productivity, and duality between direct and conditional indirect utility functions. The book then examines the estimation techniques for the elasticity of substitution and other production parameters and measurement of the elasticity of factor substitution and bias of technical change. The publication takes a look at the identification of technical change in the electricity generating industry, factor substitution in electricity generation, and the effectiveness of rate-of-return regulation. Topics include statistical tests of regulatory effectiveness, profit function for a regulated firm, tests of the structure of technology, identification problems in the measurement of technical change, and measurement of disembodied technical change. The selection is a valuable source of information for economists and researchers interested in production economics.
Download or read book A History of the Theories of Production and Distribution in English Political Economy written by Edwin Cannan and published by . This book was released on 1967 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
