The treatment of non-essential inputs in a Cobb-Douglas technology : an application to Mexican rural household-level data [PDF]
The standard approach for fitting a Cobb-Douglas production function to micro data with zero values is to replace those values with"sufficiently small"numbers to facilitate the logarithmic transformation.
Soloaga, Isidro
core
Profit Maximization and the Threshold Price [PDF]
If the output market is perfectly competitive and the firm’s production function is not concave, an increase in the output price may lead to an explosive increase in firm’s profits at some point.
Mynbaev, Kairat
core +1 more source
A New Class of Production Functions and an Argument Against Purely Labor-Augmenting Technical Change [PDF]
This paper follows Jones (2005) in his approach to deriving the global production function from microfoundations. His framework is generalized by allowing for dependence between the Pareto distributions of labor- and capital-augmenting developments ...
Growiec, Jakub
core +1 more source
Ciencia Veterinaria, 2017 A sample of fifty six (56) farms of fattening of cows was analyzed in Quemú- Quemú department with the objective to establish the global, asignative and Farrell efficiency.
Alberto Pariani +2 more
doaj
Determinants of the renewable energy consumption: The case of Asian countries. [PDF]
Heliyon, 2023 Hoa PX, Xuan VN, Phuong Thu NT.
europepmc +1 more source
Optimization of Cobb-Douglas production functions
IOP Conference Series: Materials Science and Engineering, 2019 Lely Holida +2 more
openaire +1 more source
On the equilibrium in a discrete-time Lucas Model [PDF]
In this paper I study a discrete-time version of the Lucas model with the endogenous leisure but without physical capital. Under standard conditions I prove that the optimal human capital sequence is increasing.
Marius Boldea
core
SOFTWARE TESTING EFFORT ESTIMATION WITH COBB-DOUGLAS FUNCTION: A PRACTICAL APPLICATION
, 2013 Shaik Nafeez Umar
semanticscholar +1 more source
Does observational equivalence always hold in hyperbolic discounting models? [PDF]
Observation equivalence holds in the hyperbolic discounting models such as Laibson (1996), Barro (1999), and Krusell et al (2002). We study a hyperbolic discounting model where the policy function cannot be replicated by a geometric discounting model ...
Gong Liutang, Zhu Shenghao
core
Using Non-parametric Methods in Econometric Production Analysis: An Application to Polish Family Farms [PDF]
Econometric estimation of production functions is one of the most common methods in applied economic production analysis. These studies usually apply parametric estimation techniques, which obligate the researcher to specify the functional form of the ...
Czekaj, Tomasz, Henningsen, Arne
core +1 more source