The translog neoclassical growth model
The macroeconomic growth equation based on the translog aggregate production function is derived and compared to the growth equation based on Cobb-Douglas both with and without human capital. The model is estimated directly in structural form, using international panel data. Results are compared to the Cobb-Douglas case and a conventional fixed effect model.
PublisherUniversitetet i Tromsø
University of Tromsø
SeriesWorking paper series in economics and management, 2004, nr 2
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