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 ...

This is a preview. Log in through your library . Abstract In estimating parameters of the Cobb-Douglas production function, assuming competition and profit maximization, the estimator to be employed ...

In my last post on my Debtwatch blog, I finished by saying that the Physiocrats were the only School of economics to properly consider the role of energy in production. They ascribed it solely to ...