Acessibilidade / Reportar erro

A comparative analysis of Cobb-Douglas model with additive and multiplicative error

Análise comparativa do modelo de Cobb-Douglas com erro aditivo e multiplicativo

This paper dis cusses the fitting of a Cobb-Doug las response curve Yi = αXβi, with additive error, Yi = αXβi + e i, instead of the usual multiplicative error Yi = αXβi (1 + e i). The estimation of the parameters A and B is discussed. An example is given with use of both types of error.


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