Generalized Cobb-Douglas function for three inputs and linear elasticity

Catalin Angelo Ioan and Gina Ioan ()
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Gina Ioan: Danubius University of Galati, Department of Economics

The Journal of Accounting and Management, 2014, issue 2, 17-22

Abstract: The article deals with a production function of three factors with constant scale return where each elasticity of two of the factors is a function of first degree. After the examination of parameters conditions according to the axioms of the production functions, there are computed the main indicators. Also, the combination of factors is determined in order to maximize the total output under a given cost.

Keywords: production function; Cobb-Douglas (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:dug:jaccma:y:2014:i:2:p:17-22

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