Estimate a cobb-douglas type regression equation

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Reference no: EM131444002

Question: The file Cobb_Douglas_us.wf1 contains data for output (Y), labour (L) and stock of capital (K) for the United States. Estimate a Cobb-Douglas type regression equation and check for constant returns to scale using the Wald test.

Reference no: EM131444002

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Estimate a cobb-douglas type regression equation : The file Cobb_Douglas_us.wf1 contains data for output (Y), labour (L) and stock of capital (K) for the United States. Estimate a Cobb-Douglas type regression equation and check for constant returns to scale using the Wald test.

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