I. Production and Cost: One Variable Input 1. True/ False 1. If marginal product is decreasing, then average product must also be decreasing. 2. For a fixed-proportion technology, inputs cannot be ...

This paper is concerned with the estimation of Cobb-Douglas production function parameters by the analysis of variance, using combined time-series and cross-section data. Some theoretical development ...

The knowledge production function is central to research and development-based growth models. This paper empirically investigates the knowledge production function and intertemporal spillover effects ...