2013 № 3

The analysis of Cobb – Douglas type factor models and an explication for Leontiev’s Paradox


The paper discusses an issue of application of Cobb – Douglas type production functions for analysis of character of macrosystem’s economic growth. In particular, it permits to invent a possible explication for Leontiev’s Paradox based on a fact that some production resources are not relevant factors of GDP growth for certain time periods.

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Robert M. Nizhegorodtsev – Dr. Sci.  (Econ.), Head of the Laboratory of Economic Dynamics and Innovation Management, V.A. Trapeznikov Institute of Control Sciences of Russian Academy of Sciences (Moscow, Russian Federation; e-mail: bell44@rambler.ru).

Nina P. Goridko – Applicant,  South Russian State Technical University (Moscow, Russian Federation; e-mail: horidko@mail.ru).