A study of the Cobb-Douglas production function for an economy and its implications by Randall Irvin Mount

Cover of: A study of the Cobb-Douglas production function for an economy and its implications | Randall Irvin Mount

Published by University Microfilms in Ann Arbor .

Written in English

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Edition Notes

Thesis (Ph.D) - Purdue University, 1969.

Book details

The Physical Object
FormatMicroform
Pagination1 microfilm
ID Numbers
Open LibraryOL21860801M

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The Cobb-Douglas production function reflects the relationships between its inputs - namely physical capital and labor - and the amount of output produced. It's. Wh en app lying the Cobb-Douglas production function, DFHH as wel l as Giorno et al. () and others assume the parameter Į (an d, h en ce, ȕ) to be constant over time.

Use mathematical analysis to show that the Cobb-Douglas production function is consistent with the law of diminishing returns in the short run.

Assume that capital is the variable input. Cobb-Douglas Production Function. 31 Cobb-Douglas Production Function: The Case of Poland ’ s Economy Equations () and () imply that the Cobb Douglas technology is mono.

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