On the optimal path of an economy with capital and non-renewable resource inputs, and constant returns output of consumption and investment, the rate of exogenous technical progress in net national product equals the rate of progress in (gross) production, divided by one minus the production elasticity of the resource flow.

The study has assessed the performance of crop insurance scheme on beneficiary and non-beneficiary farms in Salumber tehsil of Udaipur district during 2008-09. The study has revealed that farm income per family is higher on beneficiary farms as compared to non-beneficiary farms. The progress of crop insurance scheme in Rajasthan has been found positive, as is evidenced through compound and line...

Sensory neurons release calcitonin gene-related peptide (CGRP) on activation. We recently reported that topical application of capsaicin increases facial skin elasticity and promotes hair growth by increasing dermal insulin-like growth factor-I (IGF-I) production through activation of sensory neurons in mice and humans. Raspberry ketone (RK), a major aromatic compound contained in red raspberri...

This study attempts to examine whether an automobile part exported from Japan is a kind of special and hardly replaced by the same part exported from other countries by estimating the elasticity of substitution between Japan and competing countries in a third market. The recent literature on foreign outsourcing and incomplete contract suggests that international transaction of intermediate inpu...

We study the dynamics shown by the discrete time neoclassical one-sector growth model with differential savings while assuming a nonconcave production function. We prove that complex features exhibited are related both to the structure of the coexixting attractors and to their basins. We also show that complexity emerges if the elasticity of substitution between production factors is low enough...

This note addresses some issues that arise when using “normalized” CES production functions, an approach that has become popular in the literature. The results of Klump and de La Grandville (2000) provide a simple way to calibrate the parameters of the CES production function when the necessary data are available. But some of the other applications of normalized CES production functions appear ...

This study was designed to analyse the Technical efficiency of cultured fish production in Kwara state, Nigeria. Specifically, the study estimated the technical efficiency of cultured fish farms; examined cost efficiency and long term elasticity of cultured fish production. The data used for this study were collected over one production cycle in 2013 using a well-structured questionnaire. A tot...