How would you linearize the CES production function discussed in the chapter? Show the necessary steps.

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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 02:48 AM

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How would you linearize the CES production function discussed in the chapter? Show the necessary steps.

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Using only the first derivatives we can generalize Eq 2 to ...View the full answer

Basic Econometrics

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