2016
DOI: 10.11648/j.ijber.20160505.13
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A Test for the Cobb Douglas Production Function in Manufacturing Sector: The Case of Bangladesh

Abstract: The manufacturing sector has been a major driver of GDP growth in Bangladesh. The sector recorded an impressive average annual growth during last a couple of decades. This study is an attempt to test empirically the Cobb-Douglas production function for manufacturing sector of Bangladesh. Data of total value of output, total asset, total liabilities, number of permanent workers etc. of about six major types of industries including Garments, Textiles, Food & Food Processing, Leather & Leather Products, Electroni… Show more

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Cited by 35 publications
(26 citation statements)
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“…Modern academia discusses various indicators of labor input. From paper in which describes production functions much interest represent such [12]. In this work cost on employees estimates as expenses on wage of workers.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Modern academia discusses various indicators of labor input. From paper in which describes production functions much interest represent such [12]. In this work cost on employees estimates as expenses on wage of workers.…”
Section: Literature Reviewmentioning
confidence: 99%
“…The labor input in the various articles discussed different indicators. Hence in works by Bohórquez and Esteves (2008) and Husain and Islam (2016) the labor input discusses the number of permanent employees. And in the work by Sage and Rouse (2011) they consider the indicator of the total number of person-hours worked in a year.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Besarnya rata-rata konsumsi air rumah tangga di Dusun Pamor dihitung berdasarkan nilai rata-ratanya kemudian nilai konsumsi untuk masing-masing kebutuhan untuk manusia, ternak sapi, dan ternak kambing dihitung berdasarkan fungsi Cobb-Douglas (Husain & Islam, 2016;Omonona, Egbetokun, & Akanbi, 2010) dengan asumsi setiap rumah tangga akan mencukupi air sesuai dengan kebutuhannya (Imoke, 2015). Rumus matematika sederhana sebagai berikut: dimana, C = konsumsi air rumah tangga/hari dipengaruhi oleh fungsi x 1 = variabel jumlah anggota rumah tangga (orang), x 2 = variabel jumlah ternak sapi (ekor) dan x 3 = variabel jumlah ternak kambing (ekor).…”
Section: Konsumsi Air DI Musim Kemarauunclassified
“…Pada proses pendugaan parameter Dengan menggunakan teori Euler (Husain & Islam, 2016): (a) suatu fungsi dikatakan homogen pada tingkat λ bila hasil penggandaan setiap masukkan produksi sebesar k akan meningkatkan nilai produksi sebesar kλ. Pernyataan tersebut dapat dituliskan sebagai berikut:…”
Section: Konsumsi Air DI Musim Kemarauunclassified
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