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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 ...
MEEKAL A. AHMED, The Cobb-Douglas Production Function: A Comment, Pakistan Economic and Social Review, Vol. 11, No. 2 (SUMMER 1973), pp. 219-226 ...
At a basic level, this treats output as a function of labour, capital, energy and time—effectively adding Energy as a third input to the Cobb-Douglas model (Equation ).
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