61,504 research outputs found

    Cobb\u27s "Railton Special" P.2

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    9860 Cobb\u27s "Railton Special". John Cobb, famous British speed king and his Railton Special that broke the world\u27s record for the mile on a straight track on the Bonneville Salt Flats. Summer of 1947. Car without the outside covering (see p.1)

    Cobb, John P.2

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    29752 John Cobb and group. September 14, 1947. Shipler Commercial Photograph #51844

    "A Theory of Production" The Estimation of the Cobb-Douglas Function: A Retrospective View

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    The Cobb-Douglas production function is still today the most ubiquitous form in theoretical and empirical analyses of growth and productivity. The estimation of the parameters of aggregate production functions is central to much of today's work on growth, technological change, productivity, and labor. This paper has taken up Samuelson's [1979] invitation to verify empirically his claim that all the regression of the Cobb-Douglas [1928] production function does is to reproduce the income accounting identity according to which value added equals the sum of the wage bill plus total profits. This paper concludes that Samuelson was right, and believes that this argument has very serious implications for today's work in macroeconomics.

    Cobb\u27s "Railton Special" P.3

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    9861 Cobb\u27s "Railton Special". Here is the fastest automobile in the world traveling at an average speed of 394 miles per hour on Utah\u27s Bonneville Salt Flats. Owner & driver is John Cobb

    Cobb\u27s "Railton Red Lion" P.1

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    9858 Cobb\u27s "Railton Red Lion." Final adjustments are made on $100, 000 worth of speed as mechanics assemble the huge 2600 horsepower Railton Red Lion, in which John Cobb of England made a record run on the Bonneville Salt Flats. Body of car in background. 1947

    Cobb\u27s "Railton Special" P.1

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    9859 Cobb\u27s "Railton Special". Pictured here after breaking world\u27s record on the measured mile at the Bonneville Salt Flats in western Utah during the summer of 1947. The present record held by Cobb, renounced Britisher, is 394 miles per hour for the mile as estimated in Utah

    Measurement of the ratio of prompt χ c to J / ψ production in pp collisions at √s = 7 TeV

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    The prompt production of charmonium χ c and J / ψ states is studied in proton-proton collisions at a centre-of-mass energy of √s = 7 TeV at the Large Hadron Collider. The χ c and J / ψ mesons are identified through their decays χ c → J / ψ γ and J / ψ → μ + μ - using 36 pb - 1 of data collected by the LHCb detector in 2010. The ratio of the prompt production cross-sections for χ c and J / ψ, σ (χ c → J / ψ γ) / σ (J / ψ), is determined as a function of the J / ψ transverse momentum in the range 2 < p T J / ψ < 15 GeV / c. The results are in excellent agreement with next-to-leading order non-relativistic expectations and show a significant discrepancy compared with the colour singlet model prediction at leading order, especially in the low p T J / ψ region

    The Cobb-Gouglas function as an approximation of other functions

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    By defining the Variable Output Elasticities Cobb-Douglas function, this article shows that a large class of production functions can be approximated by a Cobb-Douglas function with nonconstant output elasticity. Compared to standard flexible functions such as the Translog function, this framework has several advantages. It requires only the use of the first order approximation while respecting the theoretical curvature conditions of the isoquants. This greatly facilitates the deduction of linear input demands function without the need of involving the duality theorem. Moreover, it allows for a generalization of the CES function to the case where the elasticity of substitution between each pair of inputs is not necessarily the same.flexible production functions, Cobb-Douglas function, CES function.

    Cobb\u27s "Railton Special" P.5

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    25693 John Cobb\u27s "Railton Special" racing at the Salt Flats, July 16, 1948. Salt Lake Tribune #181

    Cobb\u27s "Railton Special" P.7

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    29776 John Cobb\u27s car and croup on the Salt Flats, September 15, 1947. Shipler Commercial Photograph #51881
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