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What Is the Per Worker Production Function?. The per worker production function attempts to model how much a single employee will produce based on either land available or capital invested.
The paper develops a methodology based on the production-function approach to estimate potential output of the Polish economy. The paper concentrates on obtaining a robust estimate of the labor input ...
The lack of individual firm information on output prices is a major problem in the econometrics of production. In particular, it may be expected to account for a significant share of the large ...
The generalized linear production function (Diewart,1971) is an attractive alternative for this application: it admits zero values for inputs and allows the estimation of complex technical ...
Abstract: The knowledge production function is central to research and development–based growth models. This paper empirically investigates the knowledge production function and intertemporal ...