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Estimating Cobb-Douglas Production Function by Steven consuelo is a document available to read on EtoBox.
What is Estimating Cobb-Douglas Production Function about?
This document analyzes a Cobb-Douglas production function and estimates its parameters. It finds that labor and capital coefficients are statistically significant, the regression explains about 35% of the variation in output, and that the production function exhibits increasing returns to scale.
- Author
- Steven consuelo
- Language
- EN