Production Functions For Analysing Activity Of Small Enterprises
The article presents the results of studies associated with the development of production functions for small enterprises of the regions in the Russian Federation. We consider production functions, reflecting the dependence of the small enterprises turnover from two factors: investment in fixed capital and wage of employees. Functions are based on data for 2007-2009 years and depending on the size of enterprises. The paper shows the values of quality criteria for all developed functions. A comparison of some indicators of large, medium, small enterprises is presented.
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