Since the error term in the CobbDouglas production function can be entered multiplicatively or additively, how would

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Since the error term in the Cobb–Douglas production function can be entered multiplicatively or additively, how would you decide between the two?

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Basic Econometrics

ISBN: 978-0073375779

5th edition

Authors: Damodar N. Gujrati, Dawn C. Porter

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Question Posted: May 29, 2018 02:50 AM

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Since the error term in the CobbDouglas production function can be entered multiplicatively or additively, how would

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If the error term is entered additively the CobbDouglas CD model becomes an intrinsically non...View the full answer

Basic Econometrics

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