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July 1, 2025

Estimation of the Cobb-Douglas production function based on statistical information of the Republic of Moldova

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IȘIulian Șotropa

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Overview

Research estimates the cobb-douglas production function in Moldova, highlighting the roles of capital and labor.

Key Points

  • The analysis shows a positive influence of capital and labor on production levels in Moldova, indicating strong economic fundamentals.
  • Results indicate that both capital and labor significantly contribute to national production, with consistent data trends from 1995-2023.
  • Estimation employed the least squares method, effectively using annual data recalculated to constant prices of 2000.
  • The findings support the adaptability of the cobb-douglas model in explaining economic processes at the country level.

Cite This Study

Iulian Șotropa (2025) studied this question.

synapsesocial.com/papers/68af4cebad7bf08b1ead6ca1https://doi.org/10.53486/csc2025.08
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