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1981: Company Total Factor Productivity: Refinements, Production Functions, and Certain Effects of Regulation

  • Douglas L. Cocks

Abstract

Recently there has been much concern and discussion over the performance of overall productivity in the US economy. One important aspect of this productivity issue is the development of an understanding of the total productivity characteristics of individual economic units. To generate this understanding it is necessary that these units have techniques for measuring productive results. Furthermore, such measurements may be useful in assessing part of the impact of public policy on the individual economic unit.

Keywords

Production Function Incremental Cost Total Factor Productivity Labor Input Capital Input 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

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    For a discussion of additional economic significance of the pharmaceutical industry’s technological base and its implicit relationship to firm productivity see, D. L. Cocks, “Product Competition and the Dynamic Elements of Competition in the Ethical Pharmaceutical Industry,” in R. B. Helms, ed., Drug Development and Marketing (Washington, DC: American Enterprise Institute, 1974), pp. 225–254.Google Scholar

Copyright information

© Douglas L. Cocks 2016

Authors and Affiliations

  • Douglas L. Cocks
    • 1
  1. 1.Eli Lilly and CompanyUSA

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