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Their canonical model is the Cobb-Douglas Production Function with constant returns to scale (Equation ).
In estimating parameters of the Cobb-Douglas production function, assuming competition and profit maximization, the estimator to be employed depends on the specification of the behavior of the ...
In this paper we derive the exact distribution of the indirect least squares estimator of the coefficients of the Cobb-Douglas production function within the context of a stochastic production model ...
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