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Estimation Of Food Substance Small-Scale Production Functions

Author

Listed:
  • Seyed Mohammad Mousavi Shahroudi

    (Faculty of Industrial Engineering and Management Shahrood University of Technology Shahrood, Iran)

Abstract

This study has been designed to obtain a model to plan rural development by developing food industry. To be made clear what industry shall we provide in a village or how to invest on it, we must identify the characteristics of that industry and determine the production-employment ratio with its capital. Thus, it is necessary to obtain the production function of food industry so that we may contribute to this objective. This study seeks to estimate the production functions of small-scale industries as commonly applied in Iran (IRI) based on a mathematical model as termed Cobb-Douglas production function.

Suggested Citation

  • Seyed Mohammad Mousavi Shahroudi, 2013. "Estimation Of Food Substance Small-Scale Production Functions," Far East Journal of Psychology and Business, Far East Research Centre, vol. 10(3), pages 21-24, February.
    • Handle: RePEc:fej:articl:v:10b:y:2013:i:3:p:21-24
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    More about this item

    Keywords

    Food small-industries; Rural Development planning model; Cobb-Douglas production function;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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