An Analysis of Relative Labor Employment in Manufacturing Industries.
Expert InsightsPublished 1969
A theoretical explanation and statistical verification of the employment behavior of cooperating labor by considering the concomitant changes in demand for all factors of production. The hypotheses verified are: (1) Changes in the relative prices of the two labor inputs (cooperating labor and production labor) are monotonically associated with changes in their relative employments. (2) Capital is more complementary with cooperating labor than with production labor. By analyzing the two labor inputs and capital together in a general production function, the role of cooperating labor is made explicit. 29 pp. Refs. (MJP)
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- Copyright: RAND Corporation
- Availability: Web Only
- Year: 1969
- DOI: https://doi.org/10.7249/pubs
- Document Number: P-3981
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