A Glance on the Estimation of Cobb-Douglas Production Functional Model

The main purpose of this research article is to describe the methods of estimation of most frequently used nonlinear production functional model in econometric analysis namely COBB-DOUGLAS production functional model by using nonlinear method of estimation and logarithmic linear transformation. B. Mahaboob et al. in 2017(see [1]). In their research paper, in 2017, estimated the parameters of generalized COBB-DOUGLAS production functional model. In 2017, B. Venkateswarlu et al (see [2]). In their research article discussed the fitting of full COBB-DOUGLAS by solving goal programming problem. Shaiara Husain et al.in 2016 (see [4]), in their research study, found that COBB-DOUGLAS production function is applicable in the context of manufacturing sector and revealed an interesting aspect that this sector exhibits increasing returns to scale.