Theoretical formula for production function
Journal: Economic Cybernetics. International scientific journal (Vol.61, No. 1)Publication Date: 2010-06-30
Authors : Prisnyakov V.F.;
Page : 64-68
Keywords : Theoretical formula; production function; thermodynamic analogy; empirical formulas of Cobb-Douglas;
Abstract
With the help of a method of thermodynamic analogy the general formula for production function is received from which the empirical formulas of Cobb-Douglas and of Tinbergen follow as special cases.
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