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A Study on the Cobb-Douglas Production Function

open access: yesA Study on the Cobb-Douglas Production Function
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On Exact Multicollinearity and the Estimation of the Cobb‐Douglas Production Function

American Journal of Agricultural Economics, 1974
AbstractThe assumptions of the economic model underlying the traditional Cobb‐Douglas production function analysis imply that exact multicollinearity should exist among the inputs. Restricted estimation procedures may lead to parameter estimates with additional economic content.
exaly   +3 more sources

The Cobb-Douglas Production Function for an Exponential Model

Contributions To Economics, 2022
Roman G. Smirnov   +2 more
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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   +2 more
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Estimation of the Cobb-Douglas Production Function

Econometrica, 1975
WE CONSIDER THE PROBLEM of estimating the coefficients of the Cobb-Douglas production function when observations are obtained from a cross section of firms. Under the assumptions that the firms operate in competitive markets and maximize "actual" profits, a stochastic model of production of the firms can be ...
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