Results 81 to 90 of about 12,050,315 (258)
Do Inada conditions imply that production function must be asymptotically Cobb–Douglas? A comment
, 2008 peer reviewedWe correct an intermediate mistake in Barelli and Pessôa [Barelli P. and Pessôa S. de A., 2003, “Inada conditions imply that production function must be asymptotically Cobb–Douglas,” Economics Letters 81, 361–363] and show that the main ...
LITINA, Anastasia, Palivos, Theodore
core +1 more source
Information and communication technology innovations and labor hours: A business cycle analysis
Economic Inquiry, EarlyView.Abstract This paper examines the impact of changes in information and communication technologies (ICTs) on skilled and unskilled labor at the business cycle frequency. To achieve this, we construct aggregate hours series for both labor groups using the monthly outgoing rotation group of the Current Population Survey from 1994 to 2023.
Sangheon Ahn, Soojin Jo, Myungkyu Shim
wiley +1 more source
Optimal Consumption in a Stochastic Ramsey Model with Cobb-Douglas Production Function
International Journal of Mathematics and Mathematical Sciences, 2013 A stochastic Ramsey model is studied with the Cobb-Douglas production function maximizing the expected discounted utility of consumption. We transformed the Hamilton-Jacobi-Bellman (HJB) equation associated with the stochastic Ramsey model so as to ...
Md. Azizul Baten, Anton Abdulbasah Kamil
doaj +1 more source
Entrepreneurs, Sticky Competition and the Schumpeterian Cobb-Douglas Production Function [PDF]
In this paper, we institute the role of entrepreneurs in technical progress and the mechanism of tools multiplication into the Cobb Douglas Production Function. After the advancements, the technology component in the function has technical meaning and is
Mo, Pak Hung
core
Sustained Higher Education Expansion and Firms' Productivity: Evidence From China
Economics &Politics, EarlyView.ABSTRACT This study investigates the relationship between China's sustained higher education expansion and the productivity of A‐share listed firms from 2004 to 2020. We find that a larger supply of university graduates is associated with significantly higher firm total factor productivity (TFP) on average, a result robust to extensive testing ...
Haozhi Tong, Hamish Anderson, Jing Chi
wiley +1 more source
Sustainability Analytics and ModelingBased on UN figures for the World Population Development combined with the Wicksellian production function, we develop expressions for how the population development depends on capital (saved income) and the maximisation of future discounted per capita ...
Robert W. Grubbström
doaj +1 more source
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah, 2018 Seaweed is one of the marine production that authentically potential to be increased its production in quantity and quality. In economic side, it is not only for country’s foreign exchange earnings but also for a source of income to the seaweed farmers ...
Rusni Fitri Y. Rusman +2 more
doaj +1 more source
A Brief History of Production Functions [PDF]
This paper gives an outline of evolution of the concept and econometrics of production function, which was one of the central apparatus of neo-classical economics. It shows how the famous Cobb-Douglas production function was indeed invented by von Thunen
Mishra, SK
core
The Cobb-Douglas function for a continuum model [PDF]
, 2017 This paper introduces two formal equivalent definitions of the Cobb-Douglas function for a continuum model based on a generalization of the Constant Elasticity of Substitution (CES) function for a continuum under not necessarily constant returns to scale
Ospina Holguín, Javier Humberto +1 more
core +1 more source
Connectivity and Selective Rural Migration
International Economic Review, EarlyView.ABSTRACT How does infrastructure shape rural development? Using household panel data from a nationally representative sample of Chinese villages, matched to high‐resolution highway maps, we find that road expansion between 2000 and 2015 operates mainly through reallocation, with less productive farmers scaling down or exiting and more productive ...
Lin Ma +3 more
wiley +1 more source