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RANK-BASED ESTIMATION FOR COBB-DOUGLAS MODELLING IN THE PRESENCE OF OUTLIERS

Ordinary least square (OLS) has been widely used in estimating the Cobb-Douglas production function when analysing the empirical linkage between inputs and outputs. However, the estimates based on OLS technique may be biased by the presence of outliers. Rank-based regression estimation is resistant...

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Autor principal: Acquah De-Graft H.
Format: Artigo
Idioma:Inglês
Publicat: iVolga Press 2018-06-01
Col·lecció:Russian Journal of Agricultural and Socio-Economic Sciences
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Accés en línia:https://rjoas.com/issue-2018-06/article_06.pdf
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