Estimation of a Production Function for Philippine Retail Stores
The purpose of this paper is the estimation of a production function for retail stores in the Philippines. A generalized Cobb-Douglas production function is utilized for this purpose. Ordinary Least Squares is used in obtaining the coefficients for labor and capital. The results show that the margin...
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| Format: | Article |
| Language: | English |
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Oikos Institute-Researh Center Bijeljina
2019-06-01
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| Series: | ECONOMICS |
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| Online Access: | https://doi.org/10.2478/eoik-2019-0006 |