The Time Augmented Cobb-Douglas Production Function
The main objective of this paper is to propose and verify a time augmentation of the Cobb-Douglas production function parameters which should be able to capture changing conditions over time. The parameters are estimated via the nonlinear least squares method. As data a time series including product...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Mendel University Press
2019-01-01
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Series: | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
Subjects: | |
Online Access: | https://acta.mendelu.cz/67/5/1347/ |