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 ...

Jacques Mairesse, Jordi Jaumandreu, Panel-Data Estimates of the Production Function and the Revenue Function: What Difference Does It Make?, The Scandinavian Journal of Economics, Vol. 107, No. 4, ...

The productivity of an organization thus depends on the quality and quantity of outputs relative to inputs. Figure 2.1 visualizes the different components of our production function for public ...

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 ...