Search found 5 matches

by Kanan
Sat Jul 02, 2016 4:53 pm
Forum: Estimation
Topic: Having problem with estimating ces production function
Replies: 8
Views: 6304

Re: Having problem with estimating ces production function

This is the picture from a paper.

Thanks
by Kanan
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 ...
by Kanan
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...
by Kanan
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...
by Kanan
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

Go to advanced search