DEFINING THE PARAMETERS OF COBB-DOUGLAS PRODUCTION FUNCTIONS FOR STATISTICAL SERIES
Abstract and keywords
Abstract (English):
The methodology of defining the parameters of Cobb-Douglas production functions for statistical series is introduced in the present article.Regarding the fact that cargo delivery by sea transport is complicated multi-stage process, which includes operations in a sea trade port, railway operations, then it is necessary to research the parameters of all production functions. Mathematical modelling of all transport process allows to implement it. Key words: parameters, production functions, statistical series, mathematical modelling. The methodology of defining the parameters of Cobb-Douglas production functions for statistical series is introduced in the present article.Regarding the fact that cargo delivery by sea transport is complicated multi-stage process, which includes operations in a sea trade port, railway operations, then it is necessary to research the parameters of all production functions. Mathematical modelling of all transport process allows to implement it

Keywords:
parameters, production functions, statistical series, mathematical modelling
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References

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