GENERALIZATION OF THE PRODUCTION FUNCTION OF COBB-DOUGLAS TYPE
The purpose of this paper is to generalize the operation of Cobb-Douglas type production, thus achieving the interdependence between the resources used and the manufacturing factors in the production process. To achieve the proposed goal, we have independent variables as input variables and variables dependent on this output variable.
Macovei, Anamaria Geanina
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A geometric perspective on the generalized Cobb–Douglas production functions
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Gabriel Eduard Vilcu
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Multi-objective time-cost optimization using Cobb-Douglas production function and hybrid genetic algorithm [PDF]
Existing research on construction time-cost tradeoff issues rarely explore the origin of the crashing cost. Crashing cost function was either assumed without much justification, or came from historical data of some real projects.
Zhigang Shen, Ashkan Hassani, Qian Shi
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Specification and Estimation of Cobb-Douglas Production Function Models [PDF]
In this paper we consider the specification and estimation of the Cobb-Douglas production function model. After reviewing the "traditional" specifying assumptions for the model which are based on deterministic profit maximization, we develop a model in which profits are stochastic and in which maximization of the mathematical expectation of profits is ...
Dreze, Jacques, Kmenta, J., Zellner, A.
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The Cobb-Douglas Production Function and the Old Bowley's Law [PDF]
Bowley's law, also referred to as the law of the constant wage share, was a noteworthy empirical finding in economics, suggesting that a nation's wage share tended to remain stable over time, as observed through most of the 20th century. The wage share represents the proportion of a country's economic output that is distributed to employees as ...
Smirnov, Roman G., Wang, Kunpeng
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A study of potential output and output gap in the Czech Republic
Analysis of economic cycle is of enormous importance for monitoring economic output and explaining price and wage inflation. It provides essential information for shaping economic and monetary policy of central authorities.
Václav Adamec, Luboš Střelec
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The issues discussed in this article are related to the development of a methodology for assessing the effectiveness of human capital at enterprises in the chemical (petrochemical) industry. The formation of the industry in the future also depends on the
M. Spanov, Zh. Yeszhanova, A. Ussenova
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Impact of Salinity on Rice Production in Vulnerable Southern Coastal Regions of Bangladesh: A Case Study Through a Cobb-Douglas Stochastic Production Function Model. [PDF]
ABSTRACT Salinity in coastal areas has a significant effect on the technical efficiency (maximum potential yield utilizing available inputs) of rice production and subsequently reduces food security in developing countries. We examined the salinity status and its impact on overall rice production across seasonal cycles in the southern coastal region of
Imran S +8 more
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On approximate Cobb-Douglas production functions [PDF]
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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An Allometric Algorithm for Fractal-Based Cobb-Douglas Function of Geographical Systems
The generalized Cobb-Douglas production function has been derived from a general input-output relation based on fractality assumptions. It was proved to be a useful self-affine model for geographical analysis.
Hongyu Luo, Yanguang Chen
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