This is a preview. Log in through your library . Abstract This paper shows that observations generated from a technology with fixed coefficients can be approximated well by a Cobb-Douglas function ...
We introduce a new type of production function, called approximate Cobb-Douglas function, by a perturbation of Euler's partial differential equation characterizing homogeneous function. We show that ...
In my last post on my Debtwatch blog, I finished by saying that the Physiocrats were the only School of economics to properly consider the role of energy in production. They ascribed it solely to ...
Abstract: Global environmental and social issues have led to a fundamental reevaluation of the activities of the global community, particularly in the field of economic and business activities. In ...