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The price of capital input incorporates Jorgenson's cost of capital.
The marginal products for capital input incorporated the cost of capital.
Capital input expands by providing new production units with the same collection of plant and equipment.
The acceleration of capital input growth was due primarily to the flood of IT investment after 1995.
All of these findings are based on capital services, rather than capital stock, as a measure of capital input.
Anyone starting a real technology-based company, with minimal capital input from angel investors or venture capital firms, should be given a quick path.
Similar(19)
Four subsystems are included in the proposed system dynamics model, namely the capital input-output subsystem, land use subsystem, agricultural production subsystem and social impact subsystem.
Other measures of productivity growth, which take account of capital inputs as well as labor inputs, show a similar slowdown in the period after 2004.
Without it, growth would be dependent on labour and capital inputs, and growth would be just a few percent.
Myopic decision rules for this model of production are derived by utilizing prices of capital inputs that incorporate Jorgenson's cost of capital.
Such a formulation acknowledges the endogeneity of input and output and, more importantly, allows the straightforward estimation of the demand equations for labor and capital inputs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com