The current paper proposes analytical solution of the problem optimal allocation resources in game two parties, based on production function Cobb-Douglas with constant returns under changing scale production. Edgeworth box is used to derive main scientific findings this research, namely: analytic representation Contract Curve; Community indifference curve, a possibility frontier curve function,...

Adiqa Kiani ABSTRACT Using Tornqvist-Theil Index, average annual total factor productivity (TFP) growth rate of all major and minor crops in NWFP is found to be 1.5 percent, during 1969-2004. The marginal internal rate of return to provincial investment in research for TFP growth was in the range of 34 to 42 percent over the same period. Almon distributed lag model has also been estimated, usin...

The aim of this paper is to extend the study done by [5]. Here, we will analyze two mathematical models associated to some economic growth processes with endogenous population depending on the current fertility. The first model is a version of the Ramsey model in continuous and infinite time with the Cobb-Douglas production function. In the second model we consider the AK production function. T...

Precis: This paper estimates capacity output for Irish manufacturing industry using the Wharton School linked-peaks method, updating an index produced in McMahon and Smyth (1974). It then pre­ sents a capacity output series using a production function approach. This approach involves estimating a production function and then replacing the actual values of the inputs with estimated full capacity...

Some propositions related to about growth theory are not valid for all production functions. This is the case estimation of total factor productivity based on accounting’s approach which easily verified with a Cobb-Douglas function, but difficult obtain CES function. In this paper, we will try do that using Moroccan data.

More than thirty years ago, Charnes, Cooper and Schinnar (1976) established an enlightening contact between economic production functions (epfs) — a cornerstone of neoclassical economics — and information theory, showing how a generalization of the Cobb-Douglas production function encodes homogeneous functions. As expected by Charnes et al., the contact turns out to be much broader: we show how...

The paper analyses dynamical growth models predicting the cyclic development of investigated economic factors. provided research deals with an optimal control problem based on model production function Cobb–Douglas type. Following Pontryagin maximum principle, we derived Hamiltonian system and conducted its qualitative analysis, which reveals conditions for behaviour solutions around isolate st...