Essays about: "neoclassical theory of production"

Showing result 6 - 7 of 7 essays containing the words neoclassical theory of production.

1. 6. Economic growth featuring costly extraction of low entropy natural resources

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Henrik Hermansson; [2008]
   Keywords : economic growth; entropy; costly resource extraction; ecological economics; Economics; econometrics; economic theory; economic systems; economic policy; Nationalekonomi; ekonometri; ekonomisk teori; ekonomiska system; ekonomisk politik; Business and Economics;

   Abstract : This thesis explores a model of economic growth in which natural resources are complements to labour and capital in production and the extraction of those resources requires labour and capital to be diverted from production. In other words, capital and labour have two complementary roles in the model and their allocation between the roles help determine total output as well as economic inequality. READ MORE

3. 7. Export Diversification in China-A Study of How Different Sectors Have Developed

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Susanne Bengtsson; [2006]
   Keywords : intra-industry trade; China. Export Diversification; Comparative advantage; Economics; econometrics; economic theory; economic systems; economic policy; Nationalekonomi; ekonometri; ekonomisk teori; ekonomiska system; ekonomisk politik; Business and Economics;

   Abstract : The purpose of this study was to examine China's industrial reforms and whether China has shifted its production from primary and labour intensive products to more complex goods in other sectors. The trade theory that has been utilized is based on the neoclassical model and with the help of new trade theory of product differentiation and economies of scale. READ MORE