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Cobbova-Douglasova a Sato produkční funkce pro vybraná odvětví ČR
Franek, Jiří
This Bachelor thesis is concerned with the estimation of parameters of the Cobb– Douglas and Sato production functions for retail, food products manufacture and machinery and equipment manufacture sectors. The examined data comprised of real enterprise data obtained from the Amadeus database. For the estimation of the production functions, both non-linear least squares method (NLS) and ordinary least square method (OLS) were used and these estimates were created using the Gretl statistical software. Estimated parameters were compared with theoretical assumptions and their values were interpreted. For illustration of the estimated production functions, isoquant maps were constructed. Overall results and findings were summarized and compared in the discussion chapter and they were contrasted with results of comparable research.

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