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 ...

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 ...

Markets have been waiting for U.S. energy producers to slash output during a period of depressed crude prices. But these companies have been paying their top executives to keep the oil flowing.

The paper develops a methodology based on the production-function approach to estimate potential output of the Polish economy. The paper concentrates on obtaining a robust estimate of the labor input ...

Abbott Laboratories has stopped production of the EleCare specialty baby formula at its plant in southwestern Michigan after thunderstorms and heavy rains flooded parts of the facility.

The knowledge production function is central to R&D-based growth models. This paper empirically investigates the knowledge production function and intertemporal spillover effects using cointegration ...

Rivian Automotive Inc. is sticking with a full-year vehicle production target unchanged from last year, but its chief ...

The technical progress function is the portion of macroeconomic growth models ... In a basic production regression, the output is explained by the level of efficiency ... Definition and Formula.

The pause announced on Wednesday marked the latest setback for the recently reopened Sturgis plant, which has been at the center of a baby formula shortage in the United States. The company has ...