Related papers: The Production Function
Standard methods for estimating production functions in the Olley and Pakes (1996) tradition require assumptions on input choices. We introduce a new method that exploits (increasingly available) data on a firm's expectations of its future…
The global production (as a system of creating values) is eventually forming a vast web of value chains that explains the transitional structures of global trade and development of the world economy. It is truly a new wave of globalisation,…
This work's purpose is to understand the dynamics of some social systems whose properties can be captured by certain iterated function systems. To achieve this intension, we start from the theory of iterated function systems, and then we…
Indeed, the global production (as a system of creating values) is eventually forming like a gigantic and complex network/web of value chains that explains the transitional structures of global trade and development of the global economy.…
The pressure function is a fundamental object in various areas of mathematics. Its regularity is studied to derive insights into phase transitions in certain physical systems or to determine the Hausdorff dimension of self-affine sets. In…
Considering the production processes, it was noted that the use of various equipment leads to an increase in output -- the phenomenon that is usually described as the substitution of labor with capital. The proposed theory of substitution…
Projects are finite terminating endeavors with distinctive outcomes, usually, occurring under transient conditions. Nevertheless, most estimation, planning, and scheduling approaches overlook the dynamics of project-based systems in…
A rewiew of the development of formalism to describe correlations and fluctuations in multiparticle production is presented. The milestones of history of this development and some obvious sources of correlations in experimental data are…
This paper discusses desirable properties of forecasting models in production systems. It then develops a family of models which are designed to satisfy these properties: highly customizable to capture complex patterns; accommodates a large…
The production system (multidimensional object) is considered as a dynamic system with discrete time. Formalized: space (state of the object, control actions, goals, observed values, analytical estimates). Analytical estimates of the state…
The study of the singularities and zeros of the generating functions of multiplicity distributions is advocated. Some hints from well known probability distributions and experimental data are given. The statistical mechanics analogies…
A model is presented of the market dynamics to emphasis the effects of increasing returns to scale, including the description of the born and death of the adaptive producers. The evolution of market structure and its behavior with the…
Functional dynamics, introduced in a previous paper, is analyzed, focusing on the formation of a hierarchical rule to determine the dynamics of the functional value. To study the periodic (or non-fixed) solution, the functional dynamics is…
We regard explanations as a blending of the input sample and the model's output and offer a few definitions that capture various desired properties of the function that generates these explanations. We study the links between these…
The great majority of engineered products are subject to thermo-mechanical loads which vary with the product environment during the various phases of its life-cycle (machining, assembly, intended service use...). Those load variations may…
Technological improvement is the most important cause of long-term economic growth. We study the effects of technology improvement in the setting of a production network, in which each producer buys input goods and converts them to other…
The aim of this paper is to present some computer aspects regarding the implementation and the employing of a dashboard in relation to the production activity. The paper begins with the theoretical presentation of the managerial perspective…
Using some knowledge of multiplicity disributions for high energy reactions, it is possible to propose a simple analytical model of particle production by strong external sources. The model describes qualitatively most peculiar properties…
Estimating the capabilities, or inputs of production, that drive and constrain the economic development of urban areas has remained a challenging goal. We posit that capabilities are instantiated in the complexity and sophistication of…
Observed clusters should be modelled by considering the distribution function to be a random variable that quantifies the degree of excitation of the system's normal modes. A system of canonical coordinates for the space of DFs is…