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Capacity Utilization and Production Function Estimation in Postwar American Manufacturing

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  • C. A. Knox Lovell

Abstract

I. Introduction, 219. — II. The transcendental production function, 221. — III. An empirical test of the transcendental production function, 228. — IV. Conclusions, 237. — Appendix, 238.

Suggested Citation

  • C. A. Knox Lovell, 1968. "Capacity Utilization and Production Function Estimation in Postwar American Manufacturing," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 82(2), pages 219-239.
    • Handle: RePEc:oup:qjecon:v:82:y:1968:i:2:p:219-239.
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    Citations

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    Cited by:

    1. Voxi Heinrich Amavilah, 2003. "Resource Inefficiency and Poor Aggregate Economic Performance in African Countries: The Case of Namibia, 1968-1992," Development and Comp Systems 0307005, University Library of Munich, Germany.
    2. Nikolaos Rodousakis, 2014. "The Stability Properties of Goodwin’s Growth Cycle Model with a Variable Elasticity of Substitution Production Function," Studies in Microeconomics, , vol. 2(2), pages 213-223, December.
    3. Bellocchi, Alessandro & Travaglini, Giuseppe, 2023. "Can variable elasticity of substitution explain changes in labor shares?," Journal of Macroeconomics, Elsevier, vol. 76(C).
    4. Eriksson, Göran & Jakobsson, Ulf & Jansson, Leif, 1976. "Estimation and Analysis with a WDI Production Function," Working Paper Series 8, Research Institute of Industrial Economics.
    5. Rajesh Chadha & Sanjib Pohit & P.L. Bina & N. Sangeeta, 1996. "Estimation of Substitution Parameter in Indian Industries: A disaggregated approach," NCAER Working Papers 62, National Council of Applied Economic Research.
    6. Gaude, Jacques., 1974. "Capital-labour substitution possibilities; a review of empirical research. Provisional," ILO Working Papers 991534603402676, International Labour Organization.
    7. Grassetti, Francesca & Mammana, Cristiana & Michetti, Elisabetta, 2018. "Substitutability between production factors and growth. An analysis using VES production functions," Chaos, Solitons & Fractals, Elsevier, vol. 113(C), pages 53-62.
    8. Neal E. Duffy, 1988. "Returns to Scale Behavior and Manufacturing Agglomeration Economies in U.S. Urban Areas," The Review of Regional Studies, Southern Regional Science Association, vol. 18(3), pages 47-54, Fall.
    9. Nguyen Ngoc Thach, 2020. "Macroeconomic Growth in Vietnam Transitioned to Market: An Unrestricted VES Framework," Economies, MDPI, vol. 8(3), pages 1-15, July.
    10. Nicol`o Cangiotti & Mattia Sensi, 2020. "A geometric characterization of VES and Kadiyala-type production functions," Papers 2004.09617, arXiv.org.
    11. Mohieddine Rahmouni, 2021. "Determinants of capacity utilisation by firms in developing countries: evidence from Tunisia," International Journal of Technological Learning, Innovation and Development, Inderscience Enterprises Ltd, vol. 13(3), pages 212-245.
    12. Nguyen Ngoc Thach, 2020. "The Variable Elasticity of Substitution Function and Endogenous Growth: An Empirical Evidence from Vietnam," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 263-277.

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