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 the ...

Microsoft CEO Satya Nadella says AI is reshaping tech, business models, and organizations, and leaders must adapt quickly.

We introduce a new type of production function, called approximate Cobb-Douglas function, by a perturbation of Euler's partial differential equation characterizing homogeneous function. We show that ...

A field experiment was conducted for two consecutive years to develop management alternatives for wheat cultivars (salt-tolerant and salt non-tolerant) cultivated under irrigated saline environment ...

An organizational structure defines how the various functions and activities, such as supervision, coordination and task allocation, are directed toward the achievement of a company's objectives. The ...

Create Citation More formats on IMF eLibrary Order a Print Copy The labor share has been declining in the United States, and especially so in manufacturing. This paper investigates the role of capital ...