Using Cobb – Douglas Production Function to Evaluate Industrial Companies


Production function represents the quantitative relationship between the factors of production used by the organization and the products of goods; the production function is considered one of the methods used in the products of goods of the organization and assesses the extent of the contribution of each component of the independent variables and its impact on the dependent variable. The research aims to estimate Cobb – Douglas production function and applied it to the large industrial companies on the data obtained from publications of the Ministry of Planning / CSO / Industrial Statistics of time for a series (2005 - 2013), using the statistical program (SPSS) in analyzing the results.