1973
  • Non-ICIMOD publication
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On Cobb-Douglas and Related Myths

  • Jock R. Anderson, N. S. Jodha
  • Summary
This note argues that continued analysis of economic efficiency in farming within a framework of cross-sectional production functions is bound to be an unrewarding activity for economists. Particular criticism is directed at the inevitable Cobb-Douglas function, supporting the apparently unheeded plea of R K Sau [10] against uncautious and uncritical use of this restrictive model.
  • Published in:
    Economic and Political Weekly, 8, No. 26 (Jun. 30, 1973)
  • Pages:
    A65-A66
  • Published Year:
    1973
  • Publisher Name:
    Economic and Political Weekly
  • External Link:
    External Link