What are expressions for the factor shares of labor and capital using the Cobb-Douglas production function? In

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What are expressions for the factor shares of labor and capital using the Cobb-Douglas production function? In quantitative terms, what are the usual estimates of these shares?

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Development Economics

ISBN: 9780321464484

1st Edition

Authors: Gérard Roland

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Question Posted: Nov 24, 2023 10:08 PM

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What are expressions for the factor shares of labor and capital using the Cobb-Douglas production function? In

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The factor shares of labor and capital in the CobbDouglas production function are given by Factor Sh...View the full answer

Development Economics

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