This is the picture from a paper.
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Search found 5 matches
- Sat Jul 02, 2016 4:53 pm
- Forum: Estimation
- Topic: Having problem with estimating ces production function
- Replies: 8
- Views: 6304
- Sat Jul 02, 2016 4:52 pm
- Forum: Estimation
- Topic: Having problem with estimating ces production function
- Replies: 8
- Views: 6304
Re: Having problem with estimating ces production function
Thanks for your help, I tried but still R2 is not getting a value that should be. I have uploaded the work file. The equation need to estimated is like this log(GDP)=log(a*Capital^-p+(1-a)*Labour^-p)/(-1/p)+yt+e It is a log written version of ces production function. Capital is with t-1. I will put ...
- Sat Jul 02, 2016 3:46 pm
- Forum: Estimation
- Topic: Having problem with estimating ces production function
- Replies: 8
- Views: 6304
Re: Having problem with estimating ces production function
Try changing the starting values in the c() vector. Sorry, I didn't fully get what you mean. I changed the order of c and started from 2, in addition I changed the starting value of one of the variables but still didn't get any result. Is the above writing ok? If so the coefficients should be simil...
- Sat Jul 02, 2016 12:34 pm
- Forum: Estimation
- Topic: Having problem with estimating ces production function
- Replies: 8
- Views: 6304
Re: Having problem with estimating ces production function
Nobody here can guess what you did. Post as many details as possible about what you did and what went wrong and someone may be able to help. Thanks for reply, I read from one source that i can estimate CES production function on eviews like this Y = C(1)*(C(2)*K^(-C(3)) + (1− C(2)) *L^(-C(3))) ^(−1...
- Sat Jul 02, 2016 11:10 am
- Forum: Estimation
- Topic: Having problem with estimating ces production function
- Replies: 8
- Views: 6304
Having problem with estimating ces production function
Hi,
I need to estimate CES production function like log(Y)=log(aK^-p+(1-a)*L^-p)/(-1/p)+yt+e. I am trying to estimate but cant get a result. I did Cobb-Douglas but have trouble with CES production function.
Great thanks in advance
Kanan
I need to estimate CES production function like log(Y)=log(aK^-p+(1-a)*L^-p)/(-1/p)+yt+e. I am trying to estimate but cant get a result. I did Cobb-Douglas but have trouble with CES production function.
Great thanks in advance
Kanan
