Describe how to obtain nonlinear least squares estimates of the parameters of the model y = x

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Describe how to obtain nonlinear least squares estimates of the parameters of the model y = αxβ + ε.

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Econometric Analysis

ISBN: 978-0130661890

5th Edition

Authors: William H. Greene

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Question Posted: Nov 11, 2010 02:51 AM

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Describe how to obtain nonlinear least squares estimates of the parameters of the model y = x

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We cannot simply take logs of both sides of the equation as the disturbance is additive rather tha...View the full answer

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