Their canonical model is the Cobb-Douglas Production Function with constant returns to scale (Equation ).

The empirical basis of theories that go along with a Cobb-Douglas production function can be seen to be weak in this light. The Economic and Political Weekly, published from Mumbai, is an Indian ...

The problem of simultaneous equation bias is examined in the context of the Cobb-Douglas production function and firm decision functions, assuming competition. Two extreme models are specified, ...