1. If marginal product is decreasing, then average product must also be decreasing. 2. For a fixed-proportion technology, inputs cannot be substituted for each other in production. 3. The marginal ...
American Journal of Agricultural Economics, Vol. 97, No. 5 (October 2015), pp. 1478-1493 (16 pages) This article offers a methodology to address the endogeneity of inputs in the input distance ...
Productivity assessment of damage control inputs (such as pesticides) is complicated because their effect depends on the exposure to damage agents (such as pests). We discuss some open specification ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The paper develops a methodology based on the production-function approach to estimate potential output of the Polish ...
Author Name CHANG Pao-Li (Singapore Management University) / MAKIOKA Ryo (Research Associate, RIETI) / NG Bo Lin (Singapore Management University) / YANG Zhenlin (Singapore Management University) This ...
Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Robert Kelly is managing director of XTS Energy LLC, and has more than three ...
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