ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Cobb-Douglas Production Functions-A Sceptical Note with Special Reference to Agriculture

A Sceptical Note with Special Reference to Agriculture N Krishnaji This paper shows that observations generated from a technology with fixed coefficients can be approximated welt by a Cobb-Douglas function with constant returns-to-scale. The approximation is shown to be robust with respect to both heterogeneity in input-output ratios and aggregation, under reasonable assumptions.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top