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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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Adjustment costs and the identification of Cobb Douglas production functions [PDF]
Working Paper Series, 2005 Cobb Douglas production function parameters are not identified from cross-section variation when inputs are perfectly flexible and chosen optimally, and input prices are common to all firms.
Måns Söderbom, Steve Bond
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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 ...
Constantin Chilarescu, Nicolas Vaneecloo
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The Cobb-Douglas Production Function Revisited [PDF]
, 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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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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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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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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Applying the Cobb-Douglas Production Function for Analysing the Region’s Industry [PDF]
Экономика региона, 2020 The industry plays a key role in Russia’s economic security. Significant interregional gaps in the level of socio-economic development made topical the issue of optimizing the distribution of production forces in the constituent entities of the
Nikolay Vladimirovich Suvorov +4 more
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Baltic Journal of Economic Studies, 2021 The aim of the article is to assess the impact of various factors (forms of capital) on the formation of gross value added and gross output of the agricultural sector of Ukraine’s economy under sustainable development using the modified Cobb-Douglas ...
Olena Vasyl’yeva
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On approximate Cobb-Douglas production functions [PDF]
Carpathian Journal of Mathematics, 2014 We introduce a new type of production function, called approximate Cobb-Douglas function, by a perturbation of Euler’s partial differential equation characterizing homogeneous function. We show that for every approximate Cobb-Douglas function, there exist an exact Cobb-Douglas function near it.
MARIA ILCA, DORIAN POPA
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