This study investigates the critical role of structural transformation in African economies and its significance for inclusive growth, utilizing the African Transformation Index (ATI). The core focus is to understand how structural transformation influences economic growth and to highlight key...

This paper applied the Cobb-Douglas production function to look into the impact of global crude oil prices on agricultural output in Ghana. Annual time-series secondary data spanning from 1980 to 2020 were utilized, sourced from the World Development Indicators and the US Energy Information...

This paper investigates the impact of technological advancements, particularly the integration of the Internet of Things (IoT), on the efficiency and productivity of the postal service industry in Slovakia. By employing the Cobb-Douglas production function, we analyze the relationship between...

Inefficiency is a problem in the production process, including in the organic farming sector. Over a long term period, this problem can disrupt the productivity of agricultural crops. This research aims to analyze the production and marketing efficiency of organic cabbage farming in the Kopeng...

This work deals with the Cobb-Douglas production function and related assumptions. The function has been at the center of the so-called ”capital controversy” and the object of a good deal of econometric research. We argue that while in the early days when the function was proposed the...

This paper synthetizes the discussion of the mathematical conditions required to calculate the Cobb-Douglas surface concavity and their implications with certain regularity conditions of the neoclassical model. The surface is strictly concave, concave, or strictly quasiconcave depending on the...

The manufacturing industry plays a key role in ensuring long-term and sustainable economic development. Although the impact of the service and information technology sectors on economic growth has increased recently, reindustrialization trends have appeared especially in developing and...