Beyond Cobb-Douglas: Estimation of a CES Production Function with Factor Augmenting Technology
Both the recent literature on production function identification and a considerable body of other empirical work on firm expansion assume a Cobb-Douglas production function. Under this assumption, all technical differences are Hicks neutral.
Devesh Raval
core
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
Output Gap Uncertainty, Sovereign Risk Premia and the Contingent Importance of the Bond Vigilantes
ABSTRACT This paper investigates the implications of output gap uncertainty for the conduct of fiscal policy using a small‐scale macroeconomic model with boundedly rational agents. Specifically, agents use an adaptive updating mechanism to approximate the unobservable potential output that suffers, similarly to the Hodrick and Prescott (1997) filter ...
Christian R. Proaño, Jonas Dix
wiley +1 more source
Migrant Smuggling to Europe: A Two‐Sector Model With Directed Search
ABSTRACT In the last decade, combating migrant smuggling has emerged as a top priority for the European Union (EU). An idiosyncratic feature of this market is its dual supply‐side organization, comprising a small number of criminal cartels and a large mass of self‐employed smugglers.
Claire Naiditch, Radu Vranceanu
wiley +1 more source
Economic Entropy and the Cobb-Douglas Function: A Scientometric Analysis. [PDF]
Betancur-Hinestroza IC +3 more
europepmc +1 more source
Multilateral Index Approaches in the Presence of Product‐Specific Price Trends and Data Gaps
ABSTRACT The prices of some products respond more strongly to changes in the general price level than others. This study explains why such product‐specific price level elasticities lead to biased time‐product‐dummy (TPD) estimates of price levels. Other popular multilateral index approaches such as the Gini‐Éltető‐Köves‐Szulc (GEKS) and Geary‐Khamis ...
Ludwig von Auer, Sebastian Weinand
wiley +1 more source
Profit efficiency of smallholder dairy production systems: Empirical evidence from Northern Uganda. [PDF]
Oyoo PO +3 more
europepmc +1 more source
Integrated Wellbeing: Illustrating the Benefits of Approaching Domain-Specific Development Within an Integrated Framework. [PDF]
De Wet TJ, De Wet T.
europepmc +1 more source
Dynamic changes and heterogeneity in technical efficiency of broiler production under African swine fever shocks: Evidence from production organization and farm size. [PDF]
Guo D, Zhuo X, Pu H.
europepmc +1 more source
Effects of biosecurity strategies on technical efficiency of egg production in Bono Region of Ghana. [PDF]
Ayertey D +3 more
europepmc +1 more source

