Temat: production function

Skocz do pozycji: 1.

Tytuł:: Integral equation of the Volterra type: an application to a firm-sponsored off-the-job training
Autorzy:: Ekhosuehi, Virtue U
Tematy:: firm
production function
Volterra integral equation
firm, differential transform method, production function, Volterra integral equatio; Pokaż więcej
Wydawca:: Polskie Towarzystwo Matematyczne
Powiązania:: https://bibliotekanauki.pl/articles/748734.pdf Link otwiera się w nowym oknie
Opis:: W artykule poszukuje sie funkcji produkcji pojedynczego produktu w przedsiebiorstwie finansującym szkolenia ze środków uzyskanych ze sprzedazy tego produktu. Funkcja produkcji ma zalozona forme równania całkowego Volterry a kryterium optymalizacji jest krótkoterminowa maksymalizacja zysku, w którym praca jest jedynym czynnikiem produkcji. W badaniu wykorzystano funkcję Cobba-Douglasa z ustalona iloscia kapitału. Wyniki wskazują, że otrzymana funkcja produkcji firmy jest funkcją analityczną, a wymagana część zysku potrzebna do sfinansowania szkolenia leży w przedziale z określoną górną granicą.
This paper is concerned with deriving, using the Volterra integral equation, a production function for a single product firm financing off-the-job training from its revenue from output. The short-run scenario where labour is the only variable factor of production is studied within the ambit of the law of diminishing returns and the condition for profit-maximization. The study utilizes the Cobb-Douglas production function wherein capital is fixed as a theoretical underpinning. The results indicate that the production function of the firm is a transcendental function and that the proportion of output required to finance the training lies within an interval with a definite upper bound.
Dostawca treści:: Biblioteka Nauki

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na półce

Skocz do pozycji: 2.

Tytuł:: Applications of production function in agriculture
Autorzy:: Parlińska, Maria
Dareev, Galsan
Tematy:: Production function
Agricultural economy
analyze
forecast; Pokaż więcej
Wydawca:: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Katedra Ekonometrii i Statystyki
Powiązania:: https://bibliotekanauki.pl/articles/453166.pdf Link otwiera się w nowym oknie
Opis:: The article describes some possibilities of using the production function for the theoretical analysis of agricultural economics. It’s proposed a some approaches to the analysis of Agricultural economy in the Poland as national economy part and Agricultural economy in the Republic of Buryatia1 as regional economy part. The mathematic models are made for both cases, the results is obtained, which show the production functions efficiency for macroeconomic analysis.
Dostawca treści:: Biblioteka Nauki

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na półce

Skocz do pozycji: 3.

Tytuł:: Objectives of an enterprise. Bi-criteria analysis and negotiation problems
Autorzy:: Gadomski, Jan
Kruś, Lech
Tematy:: economic modelling
production function
cost function
bi-criteria optimization
negotiations; Pokaż więcej
Wydawca:: Polska Akademia Nauk. Instytut Badań Systemowych PAN
Powiązania:: https://bibliotekanauki.pl/articles/2183431.pdf Link otwiera się w nowym oknie
Opis:: A decision-making process is considered for a firm, in which two coexisting groups of interests pursue different goals. An original model based on a non-neoclassical production function is proposed. The function satisfies the conditions formulated by R. Frisch, which makes it possible to investigate firms operating in the environment far from the perfect competition and pursuing goals other than profit maximization. A two-criteria optimization problem is formulated with the two criteria representing the goals of the groups: maximization of profit and maximization of income generated by the firm with respect to capital and labor. The problem is considered in two variants of the product market, namely the perfect and the imperfect competition. Solutions of the problem are analyzed including the derived Pareto sets. The importance of knowledge about the Pareto set in negotiations between the groups of interests in the firm is illustrated and discussed.
Dostawca treści:: Biblioteka Nauki

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Skocz do pozycji: 4.

Tytuł:: IDENTIFICATION OF AN AGGREGATE PRODUCTION FUNCTION FOR POLISH ECONOMY
Autorzy:: Olenev, Nicholas
Tematy:: aggregated production function
production capacity
parameter identificatin
parallel calculations
Polish economy; Pokaż więcej
Wydawca:: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Katedra Ekonometrii i Statystyki
Powiązania:: https://bibliotekanauki.pl/articles/452981.pdf Link otwiera się w nowym oknie
Opis:: This paper explores an aggregated production function, built on the distribution of production capacity with a limited age. Technologies are determined at the time of capacity creation. With increasing age, production capacity is decreasing, keeping the number of workplaces. The lowest labour input and the coefficient of capital intensity are reduced due to scientific and technological progress. The parameters of this production function were identified by parallel calculations according to the data of the Polish economy 1970-2017. The economic interpretation of the obtained results is given.
Dostawca treści:: Biblioteka Nauki

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Skocz do pozycji: 5.

Tytuł:: An innovative model of funding the education system
Autorzy:: Polcyn, Jan
Wydawca:: “1 Decembrie 1918” University of Alba Iulia, Romania
Cytata wydawnicza:: Polcyn, J., 2016, An innovative model of funding the education system, Annales Universitatis Apulensis Series Oeconomica, Vol. 18, No. 1, pp. 35-42, ISSN 1454-9409
Opis:: This article shows that the effectiveness of the education system can be measured without taking into account the socio-economic environment of students. The use of AVE (Educational added value), which is a measure of the aforementioned effectiveness of the education system, should be accompanied by an analysis of the level of local socio-economic development. These formulations include a certain inconsistency. It stems from the fact that the modelling of AVE using previous educational achievements of students (at the preceding stage) does not take into account the impact of variables modifying these educational achievements. It is assumed that a student’s individual family, economic and social situations do not change so rapidly as to affect their educational attainments in the next stage of education. However, research conducted in Poland show that socio-economic variables in areas of local government units strongly modify the AVE. This phenomenon was the reason for proposing the correction in the system of education funding. The proposed model of funding education takes into account the qualitative factors of educational processes. The implementation of such a model should, in the long term, improve the quality of human capital in society.
Jan Polcyn
Dostawca treści:: Repozytorium Centrum Otwartej Nauki

Artykuł

na półce

Skocz do pozycji: 6.

Tytuł:: An innovative model of funding the education system
Autorzy:: Polcyn, Jan
Wydawca:: “1 Decembrie 1918” University of Alba Iulia, Romania
Cytata wydawnicza:: Polcyn, J., 2016, An innovative model of funding the education system, Annals Universitatis Apulensis Series Oeconomica, Vol. 18, No. 1, pp. 35-42, ISSN 1454-9409
Opis:: This article shows that the effectiveness of the education system can be measured without taking into account the socio-economic environment of students. The use of AVE (Educational added value), which is a measure of the aforementioned effectiveness of the education system, should be accompanied by an analysis of the level of local socio-economic development. These formulations include a certain inconsistency. It stems from the fact that the modelling of AVE using previous educational achievements of students (at the preceding stage) does not take into account the impact of variables modifying these educational achievements. It is assumed that a student’s individual family, economic and social situations do not change so rapidly as to affect their educational attainments in the next stage of education. However, research conducted in Poland show that socio-economic variables in areas of local government units strongly modify the AVE. This phenomenon was the reason for proposing the correction in the system of education funding. The proposed model of funding education takes into account the qualitative factors of educational processes. The implementation of such a model should, in the long term, improve the quality of human capital in society
Jan Polcyn
Dostawca treści:: Repozytorium Centrum Otwartej Nauki

Artykuł

na półce

Skocz do pozycji: 7.

Tytuł:: A MULTI-PRODUCT VERSION OF THE DEA+ METHOD
Autorzy:: Prędki, Artur
Tematy:: DEA+
semiparametric frontier model
production function
technical efficiency; Pokaż więcej
Wydawca:: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Katedra Ekonometrii i Statystyki
Powiązania:: https://bibliotekanauki.pl/articles/453852.pdf Link otwiera się w nowym oknie
Opis:: The paper presents the DEA+ method as a tool for estimating the production function and the measure of technical efficiency in data points. A multi-product case is considered. Presentation of the underlying semiparametric frontier model is followed by demonstration of the very algorithm of DEA+ and a discussion of its validity. Finally, the method is illustrated with an empirical example with selected model distributions for each random variable constituting the composed error.
Dostawca treści:: Biblioteka Nauki

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na półce

Skocz do pozycji: 8.

Tytuł:: Differential geometry approach in optimization of the business production process
Autorzy:: Falkiewicz, Ewa
Tematy:: production function
profit function
cost function
extremes of function
differential space
differential manifold; Pokaż więcej
Wydawca:: Instytut Naukowo-Wydawniczy "SPATIUM"
Powiązania:: https://bibliotekanauki.pl/articles/30120347.pdf Link otwiera się w nowym oknie
Opis:: In this work we show a new approach to the optimization of the production process – from a differential geometry point of view. It is known ([2]) analytical conditions of profit maximization and minimization of the cost in an enterprise. In the first part of this work, we show such a classical approach. In the second part of the work, we use geometrical methods to obtain a new geometrical approach to the production process.
Dostawca treści:: Biblioteka Nauki

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na półce

Skocz do pozycji: 9.

Tytuł:: Bayesian Estimation of Capital Stock and Depreciation in the Production Function Framework
Autorzy:: Boratyński, Jakub
Osiewalski, Jacek
Tematy:: productive capital stock
depreciation rate
aggregate production function
Bayesian analysis; Pokaż więcej
Wydawca:: Polska Akademia Nauk. Czytelnia Czasopism PAN
Powiązania:: https://bibliotekanauki.pl/articles/2075283.pdf Link otwiera się w nowym oknie
Opis:: We propose a Bayesian approach to estimating productive capital stocks and depreciation rates within the production function framework, using annual data on output, employment and investment only. Productive capital stock is a concept related to the input of capital services to production, in contrast to the more common net capital stock estimates, representing market value of fixed assets. We formulate a full Bayesian model and employ it in a series of illustrative empirical examples. We find that parameters of our model, from which the time-path of capital is derived, are weakly identified with the data at hand. Nevertheless, estimation is feasible with the use of prior information on the production function parameters and the characteristics of productivity growth. We show how precision of the estimates can be improved by augmenting the model with an equation for the rate of return
Dostawca treści:: Biblioteka Nauki

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Skocz do pozycji: 10.

Tytuł:: Are efficient firms motivated to invest ? : evidence of manufacture of motor vehicles in Czech Republic
Autorzy:: Pánková, Václava
Tematy:: frontier production function
Tobin’s Q
panel data
VAR model; Pokaż więcej
Wydawca:: Politechnika Wrocławska. Oficyna Wydawnicza Politechniki Wrocławskiej
Powiązania:: https://bibliotekanauki.pl/articles/406278.pdf Link otwiera się w nowym oknie
Opis:: A sample of 24 representative firms in the Czech economy is a subject of a study for their technical efficiency and, subsequently, for their willingness to invest. The former concept is accomplished with the help of the frontier production function. The latter one is based on the value of Tobin’s Q, defined as the ratio of the market value of business capital assets to their replacement value; if it is greater than one, Q indicates the profitability of further investment. The analysed firms differ in their technical performance, but all of them are profitable and this might be their motivation to invest. A comparison of technical efficiency and Tobin’s Q as two evaluations follows under a hypothesis that one of them matches the other one. Applying the Passing–Bablok method, the finding is that those two items are not interchangeable in spite of a high correlation.
Dostawca treści:: Biblioteka Nauki

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