PRODUCTION FUNCTION OF COBB-DOUGLAS AND ITS APPLICATION IN THE RESEARCH OF MACROECONOMICS

Authors

  • B.Y. Ashirbaev Kyrgyz State Technical University name. I. Razzakova Author
  • E.Zh. Kasymbekova Kyrgyz State Technical University name. I. Razzakova Author

Keywords:

production function, elasticity of labor and capital, gross domestic product, foreign direct investment

Abstract

The article examines the development of the macroeconomics of the Kyrgyz Republic over the past ten years and builds the Cobb-Douglas production function, which characterizes the dependence of the gross domestic product (GDP) on the amount of investment and the number of people employed in the economy.        

References

1. Интрилигатор М. Математические методы оптимизации и экономическая теория. – М.: Прогресс, 1975. 597 с.

2. Кыргызстан в цифрах. Национальный статистический комитет КР

http://www.stat.kg/ru/publications/sbornik-kyrgyzstan-v-cifrah/

3. Основы теории оптимального управления / В.Ф. Кротов, Б.А. Лагоша, С.М. Лобанов, Н.И. Данилина, С.И. Сергеев. М.: Высшая школа, 1990. 484 с.

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Published

2026-03-19

Issue

Vol. 42 No. 4 (2020): СОВРЕМЕННЫЕ ПРОБЛЕМЫ МЕХАНИКИ

Section

Статьи

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