The treatment of non-essential inputs in a Cobb-Douglas technology: an application to Mexican rural household level data
One problem when estimating a Cobb-Douglas production function with micro data is how to deal with the observations that show positive output but do not use some of the inputs. As the log of zero is not defined one standard procedure is to arbitrarily replace those zero values with "sufficinetl...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, DC
World Bank, Development Research Group, Trade
2000
|
| Series: | Policy research working paper
2499 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | One problem when estimating a Cobb-Douglas production function with micro data is how to deal with the observations that show positive output but do not use some of the inputs. As the log of zero is not defined one standard procedure is to arbitrarily replace those zero values with "sufficinetly small" numbers. But can we do better than that? An alternative approach is presented and applied to Mexican farm-level data |
| Item Description: | "December 2000"--Cover. - Includes bibliographical references (p. 18). - Title from title screen as viewed on Oct. 01, 2002 Erscheinungsjahr in Vorlageform:[2000] Weitere Ausgabe: Soloaga, Isidro : The treatment of non-essential inputs in a Cobb-Douglas technology |
| Physical Description: | 1 Online-Ressource (24 Seiten) |
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| spellingShingle | Soloaga, Isidro The treatment of non-essential inputs in a Cobb-Douglas technology an application to Mexican rural household level data Ökonometrisches Modell |
| title | The treatment of non-essential inputs in a Cobb-Douglas technology an application to Mexican rural household level data |
| title_auth | The treatment of non-essential inputs in a Cobb-Douglas technology an application to Mexican rural household level data |
| title_exact_search | The treatment of non-essential inputs in a Cobb-Douglas technology an application to Mexican rural household level data |
| title_full | The treatment of non-essential inputs in a Cobb-Douglas technology an application to Mexican rural household level data Isidro Soloaga |
| title_fullStr | The treatment of non-essential inputs in a Cobb-Douglas technology an application to Mexican rural household level data Isidro Soloaga |
| title_full_unstemmed | The treatment of non-essential inputs in a Cobb-Douglas technology an application to Mexican rural household level data Isidro Soloaga |
| title_short | The treatment of non-essential inputs in a Cobb-Douglas technology |
| title_sort | the treatment of non essential inputs in a cobb douglas technology an application to mexican rural household level data |
| title_sub | an application to Mexican rural household level data |
| topic | Ökonometrisches Modell |
| topic_facet | Ökonometrisches Modell Mexiko |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2499 |
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