The per worker production function attempts to model how much a single employee will produce based on either land available or capital invested. The Malthusian model bases it solely on land while ...

A production function relates input factors of production to the output of deliverables of an organization, and their eventual outcomes. The productivity of an organization thus depends on the quality ...

In this paper we derive the exact distribution of the indirect least squares estimator of the coefficients of the Cobb-Douglas production function within the context of a stochastic production model ...

The production function with higher coefficient of determination (R²) may be used to predict grain yield of both salt-tolerant and salt non-tolerant cultivars under different saline irrigation regimes ...

The labor share has been declining in the United States, and especially so in manufacturing. This paper investigates the role of capital accumulation and market power in explaining this decline. I ...