The exact slope of the isoquant curve on the graph shows the rate at which a given input, either labor or capital, can be substituted for the other while keeping the same output level.

We here present the earliest input—output table of Germany: It covers forty economic branches, five final demand categories, and five primary inputs. The symmetric table for 1936 is completely based ...

Building on two centuries' experience, Taylor & Francis has grown rapidly over the last two decades to become a leading international academic publisher. The Group publishes over 800 journals and over ...