Download Aggregate and Industry-Level Productivity Analyses by Ali Dogramaci, Nabil R. Adam PDF

By Ali Dogramaci, Nabil R. Adam

1 Ali Dogramaci and Nabil R. Adam 1.1. assessment With the decline of U.S. productiveness development, curiosity has surged to below­ stand the habit of productiveness measures via time, the conceptual foundations of productiveness research, and the linkage among productiveness functionality and different significant forces within the economic system. the aim of this quantity is to give a short review of a few of the suggestions utilized in aggre­ gate and industry-level productiveness analyses and the result of many of the contemporary examine during this box. The publication is split into 3 elements. half I covers a few of the methodo­ logical techniques utilized in mixture and industry-level productiveness stories. half II offers with the circulate of work productiveness measures via time. The papers during this a part of the e-book research productiveness adjustments as uni­ variate time sequence and examine many of the features of the styles displayed. The papers partly III tackle the problems of size of capi­ tal, the relation of capital formation to productiveness progress, and the rela­ tion of imported intermediate inputs to U.S. productiveness performance.

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This rules out the probable necessity for "more plastic" when "less steel" is sought. Moon relaxes this rigidity in his later model. 44 I. DOUGLAS MOON The results of sectoral optimization are transmitted to the I-a system in the form of fixed but optimized input coefficients to replace empirical counterparts that represent old technology. 14) p for j = 1, ... , m, where an asterisk indicates an optimum value. 15) The replacement of Ap with A; in I-a matrix A may cause a structural change to the entire I-a system.

The study of technology/productivity changes at such a macro level seems to involve many crucial and interdependent elements, one of which is the interactions among individual industries. Any change occurring in one sector's production mode as a result of technological change, for example, would most likely cause similar changes in the other sectors of the economy. 1-0 analysis is concerned with quantitative study of such interdependence among various industrial sectors, each sector being defined 31 32 I.

These authors, among others who have advanced this theorem, contend that such nonsubstitution among processes is justified under the premise that joint products are ruled out and labor is the only primary factor indispensable in each sector. 38 I. DOUGLAS MOON Dorfman et aI. (1958) argue that the equalities of the dynamic Leontief system, however, require the economy not to over- or underutilize capital stocks at every moment. "3 Having observed that there may be many alternative ways of satisfying the future's final demands, depending on the pattern of accumulating capital stocks, these authors proposed an LP model with the objective of maximizing the total value of the sum of capital change and final demand.

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