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C/E/714. Cobb-Douglas model of production function

WORDS:
1800
ADD-ONS:
Excel Data
DATE:
2011
PRICE:
19.99 GBP

The paper looks at the econometric model of production function proposed by Cobb-Douglas demonstrating the relationship of two factors, capital and labour. The model is explained and applied to regression analysis arguing whether an economy is more dependent on labour input or on capital input.

 

KEYWORDS: Cobb-Douglas model, production function, capital and labour, regression analysis,

 
Other Papers On: Econometrics