About influence of dynamics of manufacture on structure of employment of the population (Q2740056)

The labor function can be presented in the form \(L=f(E,Se,U,D)=A_{L}\cdot E^{\beta_1}\cdot Se^{\beta_2}\cdot U^{\beta_3}\cdot D^{\beta_4}\), where \(E\) is the paid employment, \(Se\) is the self-employment, \(U\) is the unemployment, \(D\) is the employment in personal facilities, \(\beta_{i}, i=1,\ldots,4\) are the indices under each factor determining a measure of the given form of employment, \(\beta_1+\beta_2+\beta_3+\beta_4=1\). The authors consider only two of four factors of manufacture (capital and labor)and appropriate to them forms of employment (paid employment and employer). Using the Cobb-Douglas production function the influence of dynamics of manufacture on structure of employment and development of new forms of production are studied.