Abstract

DIAZ OSSA, Wilmar A.  and  GIRAL RAMIREZ, Diego A.. Comparison of the analytical solution of the COBB-DOUGLAS production function with obtained by the method of least squares. Tecnura [online]. 2011, vol.15, n.28, pp.134-141. ISSN 0123-921X.

In this article a detailed descriptive analysis mathematica lfunction Cobb-Douglas production, and compared with analytical solution obtained using the least squares method. Also there is a brief history of its origin, and explains a possible way as Charles Cobband Paul Douglas came to the algebraic formulation of the production function that describes the growth of the U.S. economy in the period from 1899 to 1922.

Keywords : Production function; Least squares; Numerical solution.

        · abstract in Spanish     · text in Spanish     · Spanish ( pdf )