The Quarterly Journal of Economics, Vol. 59, No. 4 (Aug., 1945), pp. 543-562 (20 pages) Introduction: Experimental determination of a theoretical production function ...
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 ...
The usefulness of the production possibility curve for the empirical testing of international trade theory is demonstrated. Agricultural and manufacturing production functions are estimated for the ...