A preliminary study of regression calculation of the change-with-time parameter in the Cobb-Douglas production function
by Chen Shicheng, Zhang Yingbao
International Journal of Computer Applications in Technology (IJCAT), Vol. 11, No. 1/2, 1998

Abstract: This paper introduces the regression method of the change with-time parameter in the Cobb-Douglas production function. It demonstrates that past results of this method are inaccurate because they use the α and β in the Cobb-Douglas production function, which although considered unchangeable are in fact variable. Further, we introduce a new method of getting annual labour output resilience coefficients, capital output resilience coefficients and the technology progress rate.

Online publication date: Sun, 01-Jun-2014

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