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 ...

A form of nonhomogeneous production function is utilized to compute marginal productivities, various elasticities, optimum input ratios, and the like, for different levels of inputs and outputs. Such ...

This is a preview. Log in through your library . Abstract This paper shows that observations generated from a technology with fixed coefficients can be approximated well by a Cobb-Douglas function ...