Vol. 3, No. 1/2, Special Issue: International Applications of Productivity and Efficiency Analysis (June 1992), pp. 153-169 (17 pages) Frontier production functions are important for the prediction of ...

In my last post on my Debtwatch blog, I finished by saying that the Physiocrats were the only School of economics to properly consider the role of energy in production. They ascribed it solely to ...

We introduce and analyze a class of variable elasticity of substitution (VES) production functions for which the substitution parameter varies linearly with the capital-labor ratio around the ...