DYNAMICAL PRODUCTION FUNCTIONS IN ECONOMETRIC ANALYSIS
Journal Title: Ринкова економіка: сучасна теорія і практика управління - Year 2018, Vol 17, Issue 3
Abstract
The article deals with theoretical and applied problems of modeling the dynamics of technical and economic indicators of modern market and production systems on the basis of two-factor production functions. The analytic possibilities of the Cobb-Douglas functions, CES functions are discussed. Practical aspects of application of the indicated production functions are illustrated by the example of modeling of economic activity of the machine-building industry of Ukraine and other commodity producers.
Authors and Affiliations
V. O. Yankovyi
Keywords
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- EP ID EP633955
- DOI 10.18524/2413-9998.2018.3(40).148382
- Views 103
- Downloads 0
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