Sentence examples for production elasticity from inspiring English sources

Almost in all frontiers, the average production elasticity of seed and land allocated for maize are the highest.

By contrast, the short-run production elasticity is 0.274 for the industrial sector and 0.358 for the commercial sector.

The long-run production elasticity is 1.169 for the industrial sector and 1.106 for the commercial sector.

Capital input is, however, associated with a low production elasticity, and has a decreasing effect on TE.

Hence, there are no changes in total final demand and domestic or total supply does not adjust to the new situation independently of the production elasticity.

The production elasticity relating to labour is equal to 0.07, which is much lower than the elasticities relating to nitrogen and diesel.

The pioneering research of Paul H. Douglas and Charles W. Cobb in the 1930s seemed to confirm the rough equality between production elasticities and distributive shares, but that conclusion was later questioned; in particular the assumption of easy substitution of labour and capital seems unrealistic in the light of research by Robert M. Solow and others.

Table 3 shows price and production elasticities.

Production elasticities which include factor substitution elasticities, take lower value (0.3∼0.8) for agriculture, forestry and mining.

Production elasticities are taken from GTAP4 and the unemployment rate in 2005 is 9.16% (INE).

The raw material (milk) to be processed and labour inputs showed high production elasticities and TE.