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...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, DC
World Bank, Development Research Group, Trade
[2000]
|
| Schriftenreihe: | Policy research working paper
2499 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| Zusammenfassung: | 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 |
| Beschreibung: | "December 2000"--Cover Includes bibliographical references (p. 18) Title from title screen as viewed on Oct. 01, 2002 |
| Beschreibung: | 1 Online-Ressource |
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| spelling | Soloaga, Isidro Verfasser aut The treatment of non-essential inputs in a Cobb-Douglas technology an application to Mexican rural household level data Isidro Soloaga Washington, DC World Bank, Development Research Group, Trade [2000] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 2499 "December 2000"--Cover Includes bibliographical references (p. 18) Title from title screen as viewed on Oct. 01, 2002 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 Online-Ausg Also available in print Agricultural productivity Mexico Econometric models Estimation theory Input-output analysis Production functions (Economic theory) World Bank Development Research Group Trade oth Soloaga, Isidro The treatment of non-essential inputs in a Cobb-Douglas technology http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2499 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Soloaga, Isidro The treatment of non-essential inputs in a Cobb-Douglas technology an application to Mexican rural household level data Agricultural productivity Mexico Econometric models Estimation theory Input-output analysis Production functions (Economic theory) |
| 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_exact_search_txtP | 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 | Agricultural productivity Mexico Econometric models Estimation theory Input-output analysis Production functions (Economic theory) |
| topic_facet | Agricultural productivity Mexico Econometric models Estimation theory Input-output analysis Production functions (Economic theory) |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2499 |
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