Description Usage Arguments Value Note
This function sets up names of parameters for a CES model fit in various formats. In particular, it handles nesting and returns nest strings.
1 | cesParseFormula(f, nest)
|
f |
the CES fitting formula. |
nest |
the nesting for the factors of production. |
a list of information extracted from the f
and nest
, including
numFactors
(the number of factors of production),
xNames
(a list containing the variable names of the factors of production,
a
, b
, c
, and d
),
tName
(the variable name for time),
yName
(the variable name for response),
nestStr
(a string representing the nest, in the form of k+l+e
),
nestStrParen
(a string representing the nest, in the form of (k + l) + (e)
), and
cesNames
(a list of variable names in the order they appear in f
,
response
, xNames
, tName
).
f
is assumed to be in the form response ~ a + b + c + d + time
where a
, b
, c
, and d
are factors of production,
response
is the response variable (typically economic output), and
time
is the time variable.
nest
is assumed to be integers in the form of c(1,2,3,4)
.
Nest indicates the left-to-right order of parameters in the CES function. If the length of nest
is
less than the number of factors in the formula
, some factors will omited. If the length of nest
is
greater than the nubmer of factors in formula
, it is truncated to match.
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