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Simon also suggested that the good statistical fits to production functions could be derived from a markup pricing model, but he did not follow this up. We show that this can indeed account for the ...
This paper presents a detailed study that reassesses potential output in the Kyrgyz Republic in light of recent structural changes and external shocks, including the pandemic and the regional conflict ...
Bo Wang, Hougui Zhou, Zhiyong Li, Tianyu Fan, Xiangtian Nie, Quality Gain-Loss Function and Its Empirical Analysis in Dam Concrete Construction, Journal of Coastal Research, SPECIAL ISSUE NO. 104.
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 ...