economics and econometrics, the Cobb–Douglas production function is a particular functional form of the production function, widely used to represent the...

production function is Number of cars = Min{1⁄4 times the number of tires, 1 times the number of steering wheels}. Cobb–Douglas production function Isoquant...

empirically. Linear functions imply that inputs are perfect substitutes in production. Another is as a Cobb–Douglas production function: Q = a 0 X 1 a 1...

famous for developing the Cobb–Douglas production function in economics. He worked on this project with the economist Paul H. Douglas while lecturing at Amherst...

usual parameterizations of a Cobb–Douglas production function, the AK model uses a linear model where output is a linear function of capital. Its appearance...

K+(1-\alpha )L]} when   γ = 1 {\displaystyle \ \gamma =1} Cobb–Douglas production function (or imperfect complements)   Y = A K α L 1 − α {\displaystyle...

ratio as the level of output expands. A Cobb–Douglas production function is an example of a production function that has an expansion path which is a straight...

distributions.[citation needed] In economics, the Cobb–Douglas production function is a family of production functions parametrized by the elasticities of output...

of two goods to which an economy has access for consumption Cobb–Douglas production function, widely used in economics to represent the relationship of...

this Cobb–Douglas production function for sector i plus one for sector j (plus that for sector k, etc.) adds up to a Cobb–Douglas production function for...

the aggregate production function, Y = F ( K , L ) {\displaystyle Y=F(K,L)} . A common choice is the Cobb–Douglas production function F ( K , L ) = A...

Charles Cobb that first laid out the Cobb-Douglas production function. As the 1920s drew to a close, Douglas got more involved in politics. He served as an...

R&D to the growth model. The AK model production function is a special case of a Cobb–Douglas production function: Y = A K a L 1 − a {\displaystyle Y=AK^{a}L^{1-a}\...

H. Subramanian (November 2008). "An empirical study of the Cobb–Douglas production function properties of software development effort". Information and...

accumulation. In his 1988 dissertation, using Ramsey framework and Cobb–Douglas production function Lucas gave more attention to formal education rather than learning-by-doing...

technological progress. At its core, it is an aggregate production function, often specified to be of Cobb–Douglas type, which enables the model "to make contact...

the Cobb–Douglas production function; If ρ {\displaystyle \rho } approaches negative infinity we get the Leontief or perfect complements production function...

Q=\alpha K+(1-\alpha )N.\,} When λ → 0 this produces the famous Cobb–Douglas production function: Q = K α N 1 − α . {\displaystyle Q=K^{\alpha }N^{1-\alpha...

choice Hotelling's lemma Hicksian demand function Marshallian demand function Cobb-Douglas production function Giffen Goods Purchasing power Normal good...

of substitution is elasticity of complementarity. Consider Cobb–Douglas production function f ( x 1 , x 2 ) = x 1 a x 2 1 − a {\displaystyle f(x_{1}...

involve a wide variety including: the Cobb-Douglas production function; a behavioral approach cost/profit function which includes public capital stock;...

a production function that will describe the technology set   T {\displaystyle \ T} it will have to be homogeneous of degree 1. If the Cobb–Douglas production...

squares. Another economic example is the estimation of a firm's Cobb–Douglas production function, which is the right side of the equation Q t = A N t α K t...

in the model. Each biomass unit vessel catch is computed by Cobb–Douglas production function, applying two input variables: number of fishing days d) and...

equal to one (although the production function is not necessarily asymptotically Cobb–Douglas, a commonplace production function for which this condition...

ISBN 0-13-231423-1 Elmer G. Wiens: Production Functions - Models of the Cobb-Douglas, C.E.S., Trans-Log, and Diewert Production Functions. Profit and Loss, Ludwig...

the production technology found in the Harrod-Domar growth model, while the function in the second resembles the Cobb-Douglas production function. The...

of Cobb–Douglas Production Function Models". Econometrica 34 (4): 784–795. JSTOR 1910099. Kmenta, Jan (1967). “On Estimation of the CES Production Function”...

"M.K. Douglas". On November 24, 1969, Douglas formed his first independent film production company, Bigstick Productions, Limited. Michael Douglas started...

from the Harrod-Domar model and used a variable proportions Cobb–Douglas production function. Domar's 1961 paper is cited as the source of Domar aggregation...