4 citations · 5 across the 4 of their papers we have counts for
4 papers
The Cobb-Douglas Production Function and the Old Bowley's Law
Roman G. Smirnov, Kunpeng Wang
Bowley's law, also referred to as the law of the constant wage share, was a noteworthy empirical finding in economics, suggesting that a nation's wage share tended to remain stable…
The Cobb-Douglas production function revisited
Roman G. Smirnov, Kunpeng Wang
Charles Cobb and Paul Douglas in 1928 used data from the US manufacturing sector for 1899-1922 to introduce what is known today as the Cobb-Douglas production function that has bee…
The Hamiltonian approach to the problem of derivation of production functions in economic growth theory
Roman G. Smirnov, Kunpeng Wang
We introduce a general Hamiltonian framework that appears to be a natural setting for the derivation of various production functions in economic growth theory, starting with the ce…
In search of a new economic model determined by logistic growth
Roman G. Smirnov, Kunpeng Wang
In this paper we extend the work by Ryuzo Sato devoted to the development of economic growth models within the framework of the Lie group theory. We propose a new growth model base…