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Cobb-Douglas Production Function - Economics Dictionary of Arguments | |||
Cobb-Douglas production: The Cobb-Douglas production function is a mathematical model in economics that represents output as a function of labor and capital Y= AKα Lβ where Y is output, A is total factor productivity, K is capital, L is labor, and α,β are output elasticities, indicating input contributions. See also Production, Production function, CES Production function, Production theory, >Productivity, Elasticity._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Item | More concepts for author | |
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Fisher, Franklin M. | Cobb-Douglas Production Function | Fisher, Franklin M. | |
Harcourt, Geoffrey C. | Cobb-Douglas Production Function | Harcourt, Geoffrey C. | |
Phelps Brown, Henry | Cobb-Douglas Production Function | Phelps Brown, Henry | |
Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-07-19 |