data.cobbdoug: Cobb-Douglas Production Function

data.cobbdougR Documentation

Cobb-Douglas Production Function

Description

This data set can be used to model a Cobb-Douglas production process.

Usage

data.cobbdoug

Format

A data frame with 100 observations on the following three variables:

output production output.
labor input of labor.
capital input of capital.

Details

In Auer et al. (2023, Chap. 14) these hypothetical data are used to illustrate the functional specification of a non-linear regression model.

Source

Auer, L.v., Hoffmann, S. & Kranz, T. (2023): Ökonometrie - Das R-Arbeitsbuch, 2nd ed., Springer-Gabler (https://www.oekonometrie-lernen.de).

References

Auer, L.v., Hoffmann, S. & Kranz, T. (2023): Ökonometrie - Das R-Arbeitsbuch, 2nd ed., Springer-Gabler (https://www.oekonometrie-lernen.de).


desk documentation built on May 29, 2024, 6:05 a.m.

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