Factor demand and output supply functions formulated within the framework of the Cobb-Douglas profit function have been widely used for the study of technological and production behavior of the farm ...

Journal of Agricultural and Resource Economics, Vol. 27, No. 1 (July 2002), pp. 94-113 (20 pages) The relationships among cost functions, distance functions, and technical inefficiency are utilized to ...

As a recovery gets underway after a recession, wouldn't it be nice to have an equation that would forecast the peak of the profit rate cycle? Well, below is one. Profits are a function of labor ...