The American Economic Review, Vol. 100, No. 4 (SEPTEMBER 2010), pp. 1330-1357 (28 pages) The capital-labor substitution elasticity and technical biases in production are critical parameters. The ...

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 ...

This is a preview. Log in through your library . Abstract This paper makes three related points useful in teaching first-year graduate production theory. First, the local applicability of the ...