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Record W2359050922

Are There Laws of Production

2012· preprint· en· W2359050922 on OpenAlexaboutno aff
Gennady Bilych

Bibliographic record

VenueRePEc: Research Papers in Economics · 2012
Typepreprint
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Growth and Productivity
Canadian institutionsnot available
Fundersnot available
KeywordsCapital (architecture)Production (economics)EconomicsProduction functionProduct (mathematics)Income sharesWage shareMeans of productionLabour economicsClassical economicsMarket economyEconomyFinancial capitalHuman capitalMacroeconomicsGeographyIncome distributionInequalityMathematics
DOInot available

Abstract

fetched live from OpenAlex

The article Are There Laws of Production? published in the American Economic Review in 1949 roused a great deal of interest among specialists, it has often been quoted and reprinted on several occasions. In the article Paul H. Douglas presented the results of his many years of studies. Having processed a great deal of statistical data, using the production function suggested by him together with C.W. Cobb, Douglas attempted to determine the share of labour and capital in the final product of the manufacturing industry in a number of countries and regions. The results were as follows: there was a surprising constancy in the share of labour and capital within individual countries throughout the research period and the returns from additional inputs of labour and capital were practically constant. For the US, Australia and South Africa the share of labour was close to 2/3 and the share of capital was 1/3. For New Zealand and Canada the share of labour was lower and capital higher, but the shares remained stable throughout the entire period of observation. The author suggested that results such as these could not be random and there was clearly a law of production, which may explain the current shares of labour and capital in a manufactured product. If we take into consideration the well-known fact that the share of consumption in the GDP is very close to 2/3, the conclusions drawn by Paul H. Douglas seem entirely reasonable and require a certain kind of explanation. Let us try to analyse the results obtained and respond to the question, which is as of yet unanswered: Are there laws of production?

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.010
metaresearch head score (Gemma)0.030
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.011
Threshold uncertainty score0.054

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0100.030
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0020.001
Bibliometrics0.0020.003
Science and technology studies0.0020.026
Scholarly communication0.0110.016
Open science0.0020.002
Research integrity0.0050.006
Insufficient payload (model declined to judge)0.0110.004

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.078
GPT teacher head0.291
Teacher spread0.214 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2012
Admission routes1
Has abstractyes

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