The influence of technical progress on the marginal productivity of factors and their substitution in French agriculture in 1980-99. Sectoral approach
2004
Blazejczyk-Majka, L., E-mail: [email protected] | Kala, R. (Akademia Rolnicza, Poznan (Poland). Katedra Metod Matematycznych i Statystycznych), E-mail: [email protected]
In the paper the changes in the marginal productivity and elasticity of factors in French agricultural production has been investigated. It was shown that in years 1980-99 the technical progress caused the growth of marginal productivity of labour, but the marginal productivity of capital has did not indicated considerable changes. Moreover, it was established that elasticity of substitution between labour and capital was a decreasing function of time
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