Figure 2 - Production Possibilities Frontier
Figure 2 - Production Possibilities FrontierSource: The production possibilities frontier is a widely known and used tool in economic courses. For example, see Dolan G. Edwin, 1983.
Source: The production possibilities frontier is a widely known and used tool in economic courses. For example, see Dolan G. Edwin, 1983.
Data are available that make it possible to carry out comparisons between MFP in trucking and MFP of other transportation industries as well as of the U.S. private business sector. Such a comparison provides a broader perspective into the...
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GDP By Industry Accounts Year Gross Output ($ millions) Intermediate Inputs ($ millions...Excel | CSV
Year Average Length of Haul (Kilometers) Time Period Growth Rates (Annual Percentage Rate) 1985 589 1990 629 1991 641 ...The empirical relationship used to estimate growth of multifactor productivity by the basic growth-accounting methodology is shown below:
Where:
...
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Source The data on which this chart is based were obtained from Table 6.
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Year Intermediate Inputs '(1) Capital '(2) Labor '(3) TOTAL [(1)+(2)+(3)] '(4) 1987 0.474 0.188 0.339 1.000 1988 0.490 0.181 0.329 1.000...With the assumptions provided in the text, the estimation of the land cost is as follows:
Calculate ratio (a) by using data for Structures value, divided by Structures & Equipment value (BEA data). Calculate ratio (b) (Structures...Technology is the recipe, the know-how, that is used by producers in different industries in order to produce a product or deliver a service. The technology utilized should...
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Year Containers - TEUs Metric Tons Time Period Growth of Containers - TEU's (%) Growth of Metric Tons (%) 1998 15,556,255 128,363,847 1999...