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 ...

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 ...

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 ...

ABSTRACT: Some results in growth theory based on the Cobb-Douglas production function model are generalized when the production function is chosen to be the Constant Elasticity of Substitution (CES) ...