Results 231 to 240 of about 145,178 (266)

A Bayesian Application on Cobb‐Douglas Production Function

American Journal of Agricultural Economics, 1975
Cobb-Douglas production functions estimated by least-squares methods have been widely applied in agriculture. Estimates based on cross-sectional samples of farms, as most studies have been, almost typically result in some elasticities for land and labor which are negative.
S. Roy Chowdhury, Vishnuprasad Nagadevara, Earl O. Heady   +2 more
openaire   +2 more sources

Efficient Cobb-Douglas Production Function

The Central Asian Review of Economics and Policy, 2019
In this paper, we present a function for the share of factors of output, which is in complete agreement with primary production theories in microeconomics. We follow some assumptions for production function, and also payment to each factor equals their marginal products, and we create a new production function which is called the efficient production ...
openaire   +1 more source

The Cobb-Douglas Production Function

1981
Consider 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}}}}}}
openaire   +1 more source

Fitting of Cobb-Douglas Production Functions: Revisited

2008
The set of Cobb-Douglas production functions is usually fitted by first linearizing the models through logarithmic transformation and then applying method of least squares. However, this procedure is valid only when the underlying assumption of multiplicative error-terms is justified.
Prajneshu, Prajneshu
openaire   +3 more sources

Sealed-bid auctions based on Cobb–Douglas utility function

Economics Letters, 2010
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Liu, Shulin, Wang, Mingxi
openaire   +2 more sources

A stochastic approach to the Cobb-Douglas Production Function [PDF]

Economics Bulletin, 2007
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
openaire   +1 more source

Capital accumulation under Cobb-Douglas production functions

Zeitschrift für Nationalökonomie, 1964
We will consider an economy with two goods where stocks at any time are transformed into another configuration of stocks one period later via the Cobb-Douglas production functions. Stocks available at the beginning of a period will serve as inputs; stocks available at the end of the period will equal initial stocks plus flow-output minus depreciation ...
openaire   +1 more source

Optimal taxation of a perfectly competitive firm with Cobb–Douglas production function as a bilevel programming problem

Central European Journal of Operations Research, 2022
Zrinka Lukač
semanticscholar   +1 more source

Investigating the asymmetric impact of energy consumption on reshaping future energy policy and economic growth in Iran using extended Cobb-Douglas production function

Energy, 2021
Bahareh Oryani, Yoonmo Koo, S. Rezania, A. Shafiee   +3 more
semanticscholar   +1 more source

The Application of Cobb-Douglas Function in Forecasting the Duration of Internet Public Opinions Caused by the Failure of Public Policies

Journal of Systems Science and Systems Engineering, 2018
Xuefan Dong, Ying Lian, Ding Li, Yijun Liu   +3 more
semanticscholar   +1 more source