Results 81 to 90 of about 6,952,466 (227)
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
doaj
Static optimization for Cobb-Douglas type functions [PDF]
El objetivo general de esta monografía es estudiar la teoría de optimización estática aplicada a funciones de tipo Cobb-Douglas. Específicamente, se realiza un análisis de la teoría y su interpretación considerando una función generalizada de tipo Cobb ...
García Sánchez, Maritza Lizeth
core
Do Inada conditions imply that production function must be asymptotically Cobb–Douglas? A comment
, 2008 peer reviewedWe correct an intermediate mistake in Barelli and Pessôa [Barelli P. and Pessôa S. de A., 2003, “Inada conditions imply that production function must be asymptotically Cobb–Douglas,” Economics Letters 81, 361–363] and show that the main ...
LITINA, Anastasia, Palivos, Theodore
core +1 more source
Heterogeneous Markups Cyclicality and Monetary Policy
International Economic Review, EarlyView.ABSTRACT This paper studies aggregate markup cyclicality through firm‐level heterogeneity, reallocation, and aggregation. Using the U.S. firm data for 1990–2016, we find that markups are procyclical for young firms and countercyclical for older firms following monetary policy shocks. Economic activity also reallocates modestly toward young firms.
Andrea Chiavari +2 more
wiley +1 more source
RESEARCH OF THE FACTORS OF INDUSTRIAL GROWTH IN RUSSIA USING THE PRODUCTION FUNCTION
Russian Journal of Economics and Law, 2013 Objective: to construct and analyze production functions for the Russian industrial sectors. Methods: correlation-regression analysis. Results: the carried out analysis resulted in constructing three industrial functions: for processing industries ...
E. E. Kolchinskaya, S. N. Rastvortseva
doaj
A Brief History of Production Functions [PDF]
This paper gives an outline of evolution of the concept and econometrics of production function, which was one of the central apparatus of neo-classical economics. It shows how the famous Cobb-Douglas production function was indeed invented by von Thunen
Mishra, SK
core
A Quantile Model of Firm Investment
International Economic Review, EarlyView.ABSTRACT Are firms risk averse? We propose a dynamic model of firm investment under uncertainty that captures firms' risk attitudes through quantile preferences. The firm maximizes its present value, defined as current profits and investment plus the discounted value of the τ$\tau$‐quantile of its value next period.
Heitor Almeida +3 more
wiley +1 more source
Why Is the Cobb-Douglas Production Function so Popular?
Evolutionary and Institutional Economics Review, 2022 It is well known that, in continuous time, the Cobb-Douglas function can be derived from the underlying, data governing, accounting identity under some reasonable assumptions (factor shares are constant, and the weighted growth of the labour input price and the capital input price is constant). In this paper these results are generalized in three ways:
openaire +1 more source
Euro area production function and potential output: a supply side system approach [PDF]
In this paper, we present a three equation supply-side model based on aggregation across sectors with sector specific mark-ups and the technology parameters of the production function.
Willman, Alpo
core
The Utilization of the Cobb-Douglas Production Function for Analyzing Indonesia's and Malaysia's Economic Growth [PDF]
, 2013 This paper presents the utilization Cobb-Douglas production function in its classical form for analyzing Indonesia's and Malaysia's economic growth in relation to the intensity of using capital and labour as determinants of the ...
Wulan, Elis Ratna
core +1 more source