## Discussion papers: Economic theory and econometrics, Issues 131-150University of Birmingham, Faculty of Commerce and Social Science - Business & Economics |

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### Contents

Introduction 1 | 1 |

Combined Restrictions 8 | 8 |

A Particular Example 15 | 15 |

3 other sections not shown

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### Common terms and phrases

aggregate production function allocation analysis assumed assumption behaviour capital-output ratio CM CM Cobb-Douglas components considered consistent estimates constant consumer consumer's surplus consumption function converges cycles demand curve demand functions dependent determined deterministic diffusion of innovations Discussion Paper distribution Durbin-Watson statistic Econometrics effect equal equation equilibrium expenditure fluctuations given Hence identified impact increase independent indicators innovations inputs interest rate investment likelihood function linear liquid assets marginal productivity matrix measurement errors monetary money stock Mukerji o o o o o o obtained output path perfect competition period plim problem production-function rate of growth rate of return relationship restrictions returns to scale savings sector serial correlation significant statistical stochastic specification stock of capital studies technical progress function theory underidentified University of Birmingham variables variance vintage zero