Search found 3 matches

by Imran Ali
Tue Aug 10, 2010 3:38 am
Forum: Estimation
Topic: Estimation of Restricted Cobb-Douglas Production Function
Replies: 13
Views: 9642

Re: Estimation of Restricted Cobb-Douglas Production Function

Once again thanks for your help. But my this does not solve my problem. See if i run this regression i did not get the sum of all three coefficients equal to one. So please tell me if there's any problem with the functional form. How do I specify the Cobb-Douglass Production function with three inpu...
by Imran Ali
Sun Aug 08, 2010 8:18 am
Forum: Estimation
Topic: Estimation of Restricted Cobb-Douglas Production Function
Replies: 13
Views: 9642

Re: Estimation of Restricted Cobb-Douglas Production Function

Thanks for your comments. Given function: Y = A*(K^alpha)*(N^beta)*(L^gemma) where, K = Capital N = Labour L = Land and, given restriction: alpha + beta + gemma = 1 I want to run a regression of the form. log(Y) = A + (1 - beta - gemma)*log(K) + (1-alpha - gemma)*log(N) + (1-alpha - beta)*log(L) I f...
by Imran Ali
Fri Aug 06, 2010 4:49 pm
Forum: Estimation
Topic: Estimation of Restricted Cobb-Douglas Production Function
Replies: 13
Views: 9642

Estimation of Restricted Cobb-Douglas Production Function

How I can estimate the restricted Cobb-Douglas Production Function with three factor inputs of the form: Y = A*(K^alpha)(L^beta)(N^gamma); alpha + beta + gamma = 1 where Y = Output K = Capital L = Labor, and N = Land Please help me out with the estimating of this function in Eviews.

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