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A stochastic approach to the Cobb-Douglas Production Function [PDF]
This paper presents a stochastic approach to the theory of aggregateproduction function, based on the theory of stochastic differentialequations. The main result is that under certain restrictions the productionfunction converges from below to the Cobb-Douglas functionproviding further support for the conclusion drawn by Jones (2005).
Constantin Chilarescu, Nicolas Vaneecloo
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On Cobb-Douglas production function model
AIP Conference Proceedings, 2019The purpose of this discourse is to describe the estimation methods of COBB-DOUGLAS production functional model thrash cost function and with multiplicative and additive errors. Nonlinear regression models have been a subject of an intensive investigation in select years.
B. Mahaboob +4 more
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The Cobb-Douglas or the Wicksell function? — A comment
Economy and History, 1973Abstract In a recent issue of this Journal Mr. Carl-Axel Olsson has pointed out that the now ‘famous’ Cobb-Douglas function was used by Knut Wicksell long before Cobb and Douglas formulated this function on the basis of the empirical observations made by Professor Douglas about the share of wages in the total output. Mr. Olsson goes on to say that:
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The Cobb-Douglas Production Function
1981Consider now a special representation of the index function σ appearing in the definition of the nomothetic production surfaces (32) or (32.1). Let $$ \sigma = {\sigma _{0}}\left[ {\mathop{\Pi }\limits_{{i = 1}}^{N} {{(\frac{{{x_{1}}}}{{{x_{1}}0}})}^{{{a_{{i\quad }}}}}}\mathop{\Pi }\limits_{{k = 1}}^{L} {{(\frac{{{x_{1}}}}{{{x_{1}}0}})}^{{{b_{k}}}}}}
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Reliable Optimal Production Control with Cobb-Douglas Model
Reliable Computing, 1998This paper investigates the Cobb-Douglas production function mathematical model to describe the relationship among production, labor, and capital. The traditional settings on equilibrium market problem and seller's market problem, together with their corresponding optimal control problems are extended to an interval-based approach and to a dynamically ...
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Utility foundation of a Cobb-Douglas demand function with two attributes
Applied Economics, 2022Regis Chenavaz
exaly
Explaining Cobb-Douglas with the New Mathematics of Inteduct
Theoretical Economics Letters, 2023Michael Grabinski, Galiya Klinkova
exaly

