Factor Costs and Factor Use: An Analysis of Labor, Capital, and Natural Resource Inputs

A NEOCLASSICAL FRAMEWORK IS APPLIED TO ANALYZE TRENDS IN THE USAGE OF LABOR, CAPITAL, AND RESOURCE INPUTS WITHIN SEVERAL RESOURCE-INTENSIVE INDUSTRIES. THE BROAD PICTURE SHOWS A SUBSTITUTION OF RESOURCE INPUTS AND CAPITAL AGAINST LABOR. THE LONG-RUN ESSENTIALITY OF LABOR HAS PLAINLY BEEN REDUCED IN...

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Veröffentlicht in:	South. Econ. J.; (United States) 1977-10, Vol.44 (2), p.222-239
Hauptverfasser:	Moroney, John R., Toevs, Alden L.
Format:	Artikel
Sprache:	eng
Schlagworte:	290200 - Energy Planning & Policy- Economics & Sociology 290400 - Energy Planning & Policy- Energy Resources ANALYTICAL SOLUTION AVAILABILITY Book value CAPITAL Capital costs COMMERCE Costs Economic resources Economic theory ENERGY MODELS ENERGY PLANNING, POLICY AND ECONOMY ENERGY SHORTAGES ENERGY SOURCES Extractive industries Factor costs Factors FUELS Industrial products INDUSTRY INVESTMENT LABOR Manufacturing industries Meat packing industry MINERAL RESOURCES Natural resources RENEWABLE ENERGY SOURCES Renewable resources RESOURCE DEPLETION RESOURCES SOCIAL IMPACT TECHNOLOGY UTILIZATION
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