Download or read book An Introduction to R for Quantitative Economics written by Vikram Dayal and published by Springer. This book was released on 2015-03-17 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives an introduction to R to build up graphing, simulating and computing skills to enable one to see theoretical and statistical models in economics in a unified way. The great advantage of R is that it is free, extremely flexible and extensible. The book addresses the specific needs of economists, and helps them move up the R learning curve. It covers some mathematical topics such as, graphing the Cobb-Douglas function, using R to study the Solow growth model, in addition to statistical topics, from drawing statistical graphs to doing linear and logistic regression. It uses data that can be downloaded from the internet, and which is also available in different R packages. With some treatment of basic econometrics, the book discusses quantitative economics broadly and simply, looking at models in the light of data. Students of economics or economists keen to learn how to use R would find this book very useful.
Download or read book The Cobb Douglas Function written by Matthias Koch and published by . This book was released on 2013 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Cobb Douglas production function is a central element in economic growth theory and Microeconomics. Its popularity in economics stems from certain convenient mathematical properties. Some of these properties describe a set of (partial) differential equations. Although the Cobb Douglas function is very popular, there exists a discussion in the literature if its analytical form makes sense from a dimensional point of view.This paper provides two interesting aspects: First it supplies two relatively simple derivations of the Cobb Douglas function given the before-mentioned set of (partial) differential equations. Furthermore one classroom-friendly derivation is provided. Thereby this paper gives a simple mathematical argument for perceiving the Cobb Douglas function as a mathematical consequence of assumptions, rather then assuming an ad hoc analytical form of the production function. Second, by perceiving the Cobb Douglas function as the solution of differential equations, the paper sheds some light on the "dimension and economics" discussion. It shows that the Cobb Douglas function has to be meaningful in a units-of-measurement sense given the underlying assumptions. Thus the derivation of the Cobb Douglas function should help students avoid similar misunderstandings.
Download or read book Cobb Douglas production function Second Edition written by Gerardus Blokdyk and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Aggregate Production Function and the Measurement of Technical Change written by Jesus Felipe and published by Edward Elgar Publishing. This book was released on 2013-10-31 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative and stimulating book represents a fundamental critique of the aggregate production function, a concept widely used in macroeconomics.
Download or read book Further Mathematics for Economic Analysis written by Knut Sydsæter and published by Prentice Hall. This book was released on 2005 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt: Further Mathematics for Economic Analysis By Sydsaeter, Hammond, Seierstad and Strom "Further Mathematics for Economic Analysis" is a companion volume to the highly regarded "E""ssential Mathematics for Economic Analysis" by Knut Sydsaeter and Peter Hammond. The new book is intended for advanced undergraduate and graduate economics students whose requirements go beyond the material usually taught in undergraduate mathematics courses for economists. It presents most of the mathematical tools that are required for advanced courses in economic theory -- both micro and macro. This second volume has the same qualities that made the previous volume so successful. These include mathematical reliability, an appropriate balance between mathematics and economic examples, an engaging writing style, and as much mathematical rigour as possible while avoiding unnecessary complications. Like the earlier book, each major section includes worked examples, as well as problems that range in difficulty from quite easy to more challenging. Suggested solutions to odd-numbered problems are provided. Key Features - Systematic treatment of the calculus of variations, optimal control theory and dynamic programming. - Several early chapters review and extend material in the previous book on elementary matrix algebra, multivariable calculus, and static optimization. - Later chapters present multiple integration, as well as ordinary differential and difference equations, including systems of such equations. - Other chapters include material on elementary topology in Euclidean space, correspondences, and fixed point theorems. A website is available which will include solutions to even-numbered problems (available to instructors), as well as extra problems and proofs of some of the more technical results. Peter Hammond is Professor of Economics at Stanford University. He is a prominent theorist whose many research publications extend over several different fields of economics. For many years he has taught courses in mathematics for economists and in mathematical economics at Stanford, as well as earlier at the University of Essex and the London School of Economics. Knut Sydsaeter, Atle Seierstad, and Arne Strom all have extensive experience in teaching mathematics for economists in the Department of Economics at the University of Oslo. With Peter Berck at Berkeley, Knut Sydsaeter and Arne Strom have written a widely used formula book, "Economists' Mathematical Manual "(Springer, 2000). The 1987 North-Holland book "Optimal Control Theory for Economists "by Atle Seierstad and Knut Sydsaeter is still a standard reference in the field.
Download or read book Recent Developments in Mathematical Statistical and Computational Sciences written by D. Marc Kilgour and published by Springer. This book was released on 2022-08-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes an up-to-date account of principles, methods, and tools for mathematical and statistical modelling in a wide range of research fields, including medicine, health sciences, biology, environmental science, engineering, physics, chemistry, computation, finance, economics, and social sciences. It presents original solutions to real-world problems, emphasizes the coordinated development of theories and applications, and promotes interdisciplinary collaboration among mathematicians, statisticians, and researchers in other disciplines. Based on a highly successful meeting, the International Conference on Applied Mathematics, Modeling and Computational Science, AMMCS 2019, held from August 18 to 23, 2019, on the main campus of Wilfrid Laurier University, Waterloo, Canada, the contributions are the results of submissions from the conference participants. They provide readers with a broader view of the methods, ideas and tools used in mathematical, statistical and computational sciences.
Download or read book Cobb Douglas Production Function Second Edition written by Gerardus Blokdyk and published by 5starcooks. This book was released on 2018-03-07 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Will Cobb-Douglas production function deliverables need to be tested and, if so, by whom? What business benefits will Cobb-Douglas production function goals deliver if achieved? Is the Cobb-Douglas production function organization completing tasks effectively and efficiently? What are the success criteria that will indicate that Cobb-Douglas production function objectives have been met and the benefits delivered? Are there any specific expectations or concerns about the Cobb-Douglas production function team, Cobb-Douglas production function itself? This extraordinary Cobb-Douglas production function self-assessment will make you the dependable Cobb-Douglas production function domain authority by revealing just what you need to know to be fluent and ready for any Cobb-Douglas production function challenge. How do I reduce the effort in the Cobb-Douglas production function work to be done to get problems solved? How can I ensure that plans of action include every Cobb-Douglas production function task and that every Cobb-Douglas production function outcome is in place? How will I save time investigating strategic and tactical options and ensuring Cobb-Douglas production function opportunity costs are low? How can I deliver tailored Cobb-Douglas production function advice instantly with structured going-forward plans? There's no better guide through these mind-expanding questions than acclaimed best-selling author Gerard Blokdyk. Blokdyk ensures all Cobb-Douglas production function essentials are covered, from every angle: the Cobb-Douglas production function self-assessment shows succinctly and clearly that what needs to be clarified to organize the business/project activities and processes so that Cobb-Douglas production function outcomes are achieved. Contains extensive criteria grounded in past and current successful projects and activities by experienced Cobb-Douglas production function practitioners. Their mastery, combined with the uncommon elegance of the self-assessment, provides its superior value to you in knowing how to ensure the outcome of any efforts in Cobb-Douglas production function are maximized with professional results. Your purchase includes access details to the Cobb-Douglas production function self-assessment dashboard download which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next. Your exclusive instant access details can be found in your book.
Download or read book AP Stats and Business Stats Raising the bar written by Kairat Mynbaev and published by Lulu.com. This book was released on 2014-12-09 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory underlying AP Statistics and Business Statistics courses is given with most formula derivations and proofs. The difficulty level gradually increases from graphical and numerical examples to full proofs supporting the one-way and two-way ANOVA. The material is carefully selected to provide statistical prerequisites to Econometrics taught at the University of London. The exposition is illustrated with more than 40 tables and more than 30 figures. The book has several innovative features: a) methodical recommendations to students, b) Monte Carlo simulations in Excel, c) the Markovitz portfolio theory, d) a separate chapter on links to Econometrics, and e) usage of statistical functions in Excel and Mathematica instead of statistical tables.
Download or read book Analysis and Implications of the Cobb Douglas Production Function written by Clayton James Graham and published by . This book was released on 1968 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Advances in Time Series Data Methods in Applied Economic Research written by Nicholas Tsounis and published by Springer. This book was released on 2018-12-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This conference proceedings volume presents advanced methods in time series estimation models that are applicable various areas of applied economic research such as international economics, macroeconomics, microeconomics, finance economics and agricultural economics. Featuring contributions presented at the 2018 International Conference on Applied Economics (ICOAE) held in Warsaw, Poland, this book presents contemporary research using applied econometric method for analysis as well as country specific studies with potential implications on economic policy. Applied economics is a rapidly growing field of economics that combines economic theory with econometrics to analyse economic problems of the real world usually with economic policy interest. ICOAE is an annual conference started in 2008 with the aim to bring together economists from different fields of applied economic research in order to share methods and ideas. Approximately 150 papers are submitted each year from about 40 countries around the world. The goal of the conference and the enclosed papers is to allow for an exchange of experiences with different applied econometric methods and to promote joint initiatives among well-established economic fields such as finance, agricultural economics, health economics, education economics, international trade theory and management and marketing strategies. Featuring global contributions, this book will be of interest to researchers, academics, professionals and policy makers in the field of applied economics and econometrics.
Download or read book Electricity Economics Production Functions with Electricity written by Zhaoguang Hu and published by Springer Science & Business Media. This book was released on 2013-11-22 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity Economics: Production Functions with Electricity studies the production output from analyzing patterns of electricity consumption. Since electricity data can be used to measure scenarios of economic performance due to its accuracy and reliability, it could therefore also be used to help scholars explore new research frontiers that directly and indirectly benefits human society. Our research initially explores a similar pattern to substitute the Cobb–Douglas function with the production function with electricity to track and forecast economic activities. The book systematically introduces the theoretical frameworks and mathematical models of economics from the perspective of electricity consumption. The E-GDP functions are presented for case studies of more than 20 developed and developing countries. These functions also demonstrate substantial similarities between human DNA and production functions with electricity in terms of four major characteristics, namely replication, mutation, uniqueness, and evolution. Furthermore, the book includes extensive data and case studies on the U.S., China, Japan, etc. It is intended for scientists, engineers, financial professionals, policy makers, consultants, and anyone else with a desire to study electricity economics as well as related applications. Dr. Zhaoguang Hu is the vice president and chief energy specialist at the State Grid Energy Research Institute, China. Zheng Hu is a PhD candidate at the Center for Energy and Environmental Policy, University of Delaware, USA.
Download or read book An Introduction to Cost and Production Functions written by David F. Heathfield and published by . This book was released on 1987 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Estimation and Identification of Cobb Douglas Production Function written by Marc Nerlove and published by . This book was released on 1965 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Study of the Cobb Douglas Function with Application to Brazil written by Joao Braga Costa and published by . This book was released on 1964 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mathematical Implications of the Cobb Douglas Production Function written by Thomas Edmund Ormiston and published by . This book was released on 1954 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cost and Production Functions written by R.W. Shephard and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is the result of an interest in the economic theory of production intermittently pursued during the past three years. Over this period I have received substantial support from the Office of Naval Research, first from a personal service consulting contract directly with the Mathematics Division of the Office of Naval Research and secondly from Project N6 onr-27009 at Princeton Univer sity under the direction of Professor Oskar Morgenstern. Grateful acknowledgement is made to the ·Office of Naval Research for this support and to Professor Morgenstern, in particular, for his interest in the puolication of this research. The responsibility for errors and omissions, how ever, rests entirely upon the author. Professor G. C. Evans has given in terms of a simple total cost function, depending solely upon output rate, a treatment of certain aspects of the economic theory of production which has inherent generality and convenience of formulation. The classical approach of expressing the technology of production by means of a production function is potentially less restrictive than the use of a simple total cost function, but it has not been applied in a more general form other than to derive the familiar conditions between marginal productivities of the factors of produc tion and their market prices.
Download or read book A NOTE ON THE COBB DOUGLAS FUNCTION written by HERBERT A. SIMON and published by . This book was released on 1962 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt:
