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UNDERSTANDING COBB-DOUGLAS PRODUCTION FUNCTION IN AGRICULTURAL ECONOMICS

Journal of Technology & Innovation
Cobb- Douglas production function shows the relationship between physical capital, labor inputs and the output produced. It is based on an empirical study of the American manufacturing industry conducted by Paul H. Douglas and C. W in 1928. The various modification and derivation of this production function is used in various analysis.
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The Cobb-Douglas Production Function: An Antipodean Defence? [PDF]

open access: possibleEconomic Issues, 2002
In this paper a re-examination of the original time-series data sets used by Professor Douglas and associated researchers to establish the existence of an aggregate production function is undertaken. Particular attention is paid to the issue of whether the data provide deductive support for the ?Laws of Production? as claimed by Douglas (1948). Various
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