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RESEARCH OF A LEVEL OF PRODUCTION FACTORS BASED ON THE COBB-DOUGLAS FUNCTION
Zyukin Danil Alekseevich1, Gurovа Irina Eugenievna2
1Kursk state medical university, lecturer of the department of economy and management
2Kursk state medical university, student of the faculty of economics and management
1Kursk state medical university, lecturer of the department of economy and management
2Kursk state medical university, student of the faculty of economics and management
Abstract
There has been investigated the influence of the production factors such as capital and labor to the output on the basis of the Cobb-Douglas production function. The esti-mate of elasticity coefficients of this model shows the extended reproduction of the resources in the target company. The reasons that determine the effectiveness of the use of production re-sources are considered in this article.
Keywords: Cobb-Douglas production function, econometric methods, output of production, production factors, reproduction resources, the production capacity
Category: 08.00.00 Economics
Article reference:
Research of a level of production factors based on the Cobb-Douglas function // Modern scientific researches and innovations. 2016. № 5 [Electronic journal]. URL: https://web.snauka.ru/en/issues/2016/05/67831
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