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Economic development --- Développement économique --- Mathematical models --- Modèles mathématiques --- AA / International- internationaal --- 305.3 --- 338.8 --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei --- Economische groei
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Modern textbook presentations of production economics typically treat producers as successful optimizers. Conventional econometric practice has generally followed this paradigm, and least squares based regression techniques have been used to estimate production, cost, profit and other functions. In such a framework deviations from maximum output, from minimum cost and cost minimizing input demands, and from maximum profit and profit maximizing output supplies and input demands, are attributed exclusively to random statistical noise. However casual empiricism and the business press both make persuasive cases for the argument that, although producers may indeed attempt to optimize, they do not always succeed. This book develops econometric techniques for the estimation of production, cost and profit frontiers, and for the estimation of the technical and economic efficiency with which producers approach these frontiers. Since these frontiers envelop rather than intersect the data, and since the authors continue to maintain the traditional econometric belief in the presence of external forces contributing to random statistical noise, the work is titled Stochastic Frontier Analysis.
Stochastic processes --- Production (Economic theory) --- Stochastic analysis --- Econometrics --- 338 --- Economics, Mathematical --- Statistics --- Analysis, Stochastic --- Mathematical analysis --- Microeconomics --- Supply and demand --- Demand (Economic theory) --- Supply-side economics --- Business, Economy and Management --- Economics --- Stochastic analysis. --- Econometrics. --- AA / International- internationaal --- 305.3 --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei
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Women --- Sex role --- Femmes --- Rôle selon le sexe --- History --- Histoire --- Athens (Greece) --- Greece --- Athènes (Grèce) --- Grèce --- Social conditions --- Civilization --- Conditions sociales --- Civilisation --- 305.3 --- 938 --- Social sciences Men and women --- History Ancient world Greece --- Rôle selon le sexe --- Athènes (Grèce) --- Grèce --- History.
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AA / International- internationaal --- 305.3 --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei. --- Economics. --- Production functions (Economic theory) --- Economic production --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei
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Nonrenewable natural resources --- Economic development --- AA / International- internationaal --- 305.3 --- 338.8 --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei. --- Economische groei. --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei --- Economische groei
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Economic growth --- History --- Economists --- Economic development --- History. --- Développement économique --- Economistes --- Histoire --- 305.3 --- 330.40 --- 338.340 --- 338.8 --- AA / International- internationaal --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei --- Geschiedenis van het economisch en sociaal denken --- Algemene ontwikkeling in de Derde Wereld --- Economische groei --- Social scientists --- Economists - History --- Economic development - History
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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.
Microeconomics --- Economic production --- Production (Economic theory) --- AA / International- internationaal --- 305.3 --- 338.00 --- Supply and demand --- Demand (Economic theory) --- Supply-side economics --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei. --- Theorie van de productie. --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei --- Theorie van de productie --- Business, Economy and Management --- Economics --- Production economics
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Economic development --- Développement économique --- AA / International- internationaal --- 305.3 --- 338.8 --- 331.04 --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei. --- Economische groei. --- Langdurige bewegingen. --- Développement économique --- Development, Economic --- Economic growth --- Growth, Economic --- Mathematical models --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei --- Langdurige bewegingen --- Economische groei --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse
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All capitalist economies experience fluctuations in employment and economic activity around a long-term growth rate. How is this cyclical pattern of growth to be explained? Are the causes of fluctuations in output and employment to be found outside the system or are they intrinsic to the system? Will the long-term growth rate correspond to the growth of the labour force? It is the search for answers to these questions which motivates Peter Skott's analysis. The book develops a theory of dynamic interaction between three types of agent: firms, households and banks. Firms are profit-maximisers operating under conditions of imperfect competition and their production and investment decisions are influenced by monetary and financial factors as well as by the state of the labour market. Households hold financial assets, supply labour and have a direct influence on nominal wage rates. Banks set interest rates on bank loans and deposits. No assumptions are made about nominal price rigidities and the capital-output ratio is determined endogenously. Using a framework of analysis which is rigorous and which does not exclude traditional neoclassical mechanisms, this book demonstrates the validity of important Marxian and Keynesian insights into the growth process.
Economics. --- AA / International- internationaal --- 305.3 --- 338.8 --- 331.04 --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei. --- Economische groei. --- Langdurige bewegingen. --- Economics --- Economic theory --- Political economy --- Social sciences --- Economic man --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei --- Langdurige bewegingen --- Economische groei --- Business, Economy and Management
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Econometrics --- 330.115 --- AA / International- internationaal --- 305.4 --- 305.3 --- Econometrie --- Econometrie van de inkomensvorming, de spaarvorming, de kapitaalvorming. Input-output tabellen. --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei. --- 330.115 Econometrie --- Economics, Mathematical --- Statistics --- Econometrie van de productiefuncties en van het gebruik van de capaciteiten (Cobb-Douglas functie) Econometrie van de groei --- Econometrie van de inkomensvorming, de spaarvorming, de kapitaalvorming. Input-output tabellen
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