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Analyse mathématique de la croissance économique
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ISBN: 225491705X Year: 1989 Publisher: Paris Cujas

Stochastic frontier analysis
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ISBN: 0521481848 0521666635 1107713188 110771057X 113917441X 9780521481847 9781139174411 9780521666633 Year: 2000 Publisher: Cambridge Cambridge University Press

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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.

Les enfants d'Athéna : idées athéniennes sur la citoyenneté et la division des sexes.
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ISBN: 2020124688 9782020124683 Year: 1990 Volume: 214 Publisher: Paris La Découverte

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Aggregation : aggregate production functions and related topics
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ISBN: 0745011446 026206152X 9780262061520 9780745011448 Year: 1992 Publisher: New York Harvester Wheatsheaf


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Theorists of economic growth, from David Hume to the present, with a perspective on the next century
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ISBN: 0195058372 1280526688 019802245X 9780195058376 Year: 1990 Publisher: New York Oxford University Press

Theory of production: a long-period analysis
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ISBN: 0521443253 0521588677 0511625774 9780521588676 9780521443258 9780511625770 Year: 1995 Publisher: Cambridge Cambridge University Press

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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.

Conflict and effective demand in economic growth
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ISBN: 0521365961 052106631X 0511983794 9780521365963 Year: 1989 Publisher: Cambridge Cambridge University Press

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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.

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