Estimate output from a Cobb-Douglas production function Y = A·K^α·L^(1−α) given total factor productivity, capital, labor, and the capital share.
输入全要素生产率 A、资本 K、资本弹性 α、劳动 L,求产出。
| Item | Formula / Note | Source / Standard |
|---|---|---|
| Cobb–Douglas production function | Y = A · K^α · L^β with α, β the output elasticities of capital and labour | Charles Cobb & Paul Douglas (1928) |