Using Restricted Least Squares Method to Estimate and Analyze the Cobb-Douglas Production Function with Application
In this paper, the restricted least squares method is employed to estimate the parameters of the Cobb-Douglas production function and then analyze and interprete the results obtained. A practical application is performed on the state company for leather industries in Iraq for the period (...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
University of Baghdad
2017-05-01
|
Series: | Ibn Al-Haitham Journal for Pure and Applied Sciences |
Subjects: | |
Online Access: | https://jih.uobaghdad.edu.iq/index.php/j/article/view/644 |
Summary: | In this paper, the restricted least squares method is employed to estimate the parameters of the Cobb-Douglas production function and then analyze and interprete the results obtained. A practical application is performed on the state company for leather industries in Iraq for the period (1990-2010). The statistical program SPSS is used to perform the required calculations.
|
---|---|
ISSN: | 1609-4042 2521-3407 |