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Implementation of the cobba doughlas model in the development of the economy

Year: 2024

Type: article

Abstract: This article presents information about the Cobb-Douglas model, one of the production functions. The parametersof the gross domestic product function were estimated based on the statistical data provided in the Minitab program. Also,a prediction of the volume of the gross domestic product is given at certain values of the amount of capital spent onproduction and the amount of labor force involved in production.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.14293169

Author: Rustamova Mekhrigiyo

Language: English

Topic: Economic Growth and Productivity

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W6967970434

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