Results 1 to 10 of about 90,273 (250)
The Cobb-Douglas Production Function Revisited [PDF]
Springer Proceedings in Mathematics and Statistics, 2021 Charles Cobb and Paul Douglas in 1928 used data from the US manufacturing sector for 1899-1922 to introduce what is known today as the Cobb-Douglas production function that has been widely used in economic theory for decades. We employ the R programming language to fit the formulas for the parameters of the Cobb-Douglas production function generated by
Smirnov, Roman G., Wang, Kunpeng
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The Time Augmented Cobb-Douglas Production Function [PDF]
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2019 The main objective of this paper is to propose and verify a time augmentation of the Cobb-Douglas production function parameters which should be able to capture changing conditions over time.
Lenka Roubalová, Lenka Viskotová
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THERMODYNAMIC MODEL OF CAPITAL EXTRACTION IN ECONOMIC SYSTEMS [PDF]
Interdisciplinary Description of Complex Systems, 2005 In this paper the properties of the wealth function of an economic system are studied. An economic analog of the Gibbs-Duhem equation is derived. Equilibrium states and limiting profit extraction regimes in non-equilibrium economic systems are obtained ...
A. A. Ahremenkov +3 more
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RANK-BASED ESTIMATION FOR COBB-DOUGLAS MODELLING IN THE PRESENCE OF OUTLIERS [PDF]
Russian Journal of Agricultural and Socio-Economic Sciences, 2018 Ordinary least square (OLS) has been widely used in estimating the Cobb-Douglas production function when analysing the empirical linkage between inputs and outputs.
Acquah De-Graft H.
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Revista Tempo do Mundo, 2022 Linear Economy, the dominant model in the world, does not contribute to environmental, economic, and social sustainability. Global actions have not been enough to achieve sustainable development. The current Cobb-Douglas economic model operates in
Eliana L. F. Hellvig +1 more
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Psychophysical Foundations of the Cobb-Douglas Utility Function [PDF]
SSRN Electronic Journal, 2017 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Argenziano, Rossella, Gilboa, Itzhak
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On randomized Cobb-Douglas production function
Journal of Physics: Conference Series, 2021 Abstract The paper considers a Cobb-Douglas function with n random elasticities. A theorem on the concavity and strict concavity of such a function is proved.
N V Neumerzhitskaia +3 more
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Journal of Civil Engineering and Management, 2016 Existing research on construction time-cost tradeoff issues rarely explore the origin of the crashing cost. Crashing cost function was either assumed without much justification, or came from historical data of some real projects.
Zhigang Shen, Ashkan Hassani, Qian Shi
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An Allometric Algorithm for Fractal-Based Cobb-Douglas Function of Geographical Systems
Discrete Dynamics in Nature and Society, 2014 The generalized Cobb-Douglas production function has been derived from a general input-output relation based on fractality assumptions. It was proved to be a useful self-affine model for geographical analysis.
Hongyu Luo, Yanguang Chen
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The Cobb-Douglas function for a continuum model
Cuadernos de Economía, 2017 This paper introduces two formal equivalent definitions of the Cobb-Douglas function for a continuum model based on a generalization of the Constant Elasticity of Substitution (CES) function for a continuum under not necessarily constant returns to scale
Javier Humberto Ospina Holguín
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