Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:mathematical_concept
production function |
| gptkbp:application |
analyzing production efficiency
modeling economic growth |
| gptkbp:describes |
output as a function of input factors
|
| gptkbp:field |
gptkb:mathematics
economics |
| gptkbp:firstPublished |
1928
|
| gptkbp:form |
Y = A * L^α * K^β
|
| https://www.w3.org/2000/01/rdf-schema#label |
Cobb-Douglas function
|
| gptkbp:input |
gptkb:city
labor |
| gptkbp:namedAfter |
gptkb:Paul_Douglas
gptkb:Charles_Cobb |
| gptkbp:parameter |
A
α β |
| gptkbp:property |
returns to scale
constant elasticity of substitution |
| gptkbp:usedIn |
macroeconomics
microeconomics |
| gptkbp:bfsParent |
gptkb:Mathematical_economics
|
| gptkbp:bfsLayer |
8
|