Studia oeconomica Upsaliensia, Issue 11Universitet., 1987 - Economics |
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2SLS 2SLS estimates a₁ aggregate labour input analysis assume assumption Bentzel Bergström Box-Cox capital and labour capital input Chapter Cobb-Douglas function Cobb-Douglas production function curve Denotes estimates significantly different from zero Econometric Econometrica Economic Review elasticity of substitution estimates significantly different Euler's theorem expected profits factor augmentation Feldstein func functional form Hicks neutral homogeneous function homogeneous production function homothetic hypothesis implies ISIC isoquants k₁ k₂ labour components labour function Least squares estimates linear marginal products McFadden multicollinearity nine industries Number in parentheses obtained OLS estimates ordinary least squares output parameters problem production function 2.16 profit maximization random variable ratio reduced form returns to scale Review of Economic Sato scale elasticity seemingly unrelated regression simultaneous equation Solow specification standard errors statistically stochastic error term substitution between capital Swedish manufacturing industries Table technological progress theory tion wage x₁ x2it Zellner