Main Page | See live article | Alphabetical index The Cobb-Douglas functional form of production functions in economics is widely used to represent the relationship of an output to inputs. The form is estimated as a linear relationship using the following expression where O = Output Ii = Inputs ai = model coefficients It was developed Paul Douglas and Richard Cobb. It has been generalized in the translog functional form. This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License.