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The sum of coefficient are 0 using STATA program? Generate log versions of the output variable and the three inputs. For example: gen lvadd=log(vadd) and do the same for pay, invest and material. Run a regression of lvadd on the three log input variables, and year. Test the hypotheses that: (5 points each) 3) the sum of the input coefficients=1. You may either do this with a by-hand F-test or use STATA's test command (which is itself an F-test), and it's even possible to do this with a t-test, if you really want to try. Rejection implies either increasing or decreasing returns to scale. Failure to reject means constant returns to scale.
What is Jims best affordable choice and by how much can T ticket prices increase without making Jim worse
a suppose the economy is initially in long run equilibrium and the u.s. stock market has a prolonged decrease in
"A shift outward in the demand curve always results in an increase in total spending (price times quantity) in a good. On the other hand, a shift outward in the supply curve may increase or decrease total spending."
suppose idaho could not export its potatoes to other states and countries. would idaho be better off? explain. would
Redstone Clayworks, Corporation is located in Sedona, Arizona and creates clay fire pits for patios. They are one of about two dozen companies around the world that produce and sell clay fire pits for retailers such as Home Depot Lowe's Front Gate
Discuss how deficit spending relates to the economic collapse of the Greece and Spain economies. Relate their economic collapse to U.S. current economic problems. How does U.S. deficit spending affect our economy? Greece and Spain have introduced ..
This first assignment is to gather/provide information regarding the XYZ University’s marketing objective (to increase enrollment). You are to clearly define/describe the competitive advantage of the XYZ University and its target market. You need to ..
Explain why a customer who select a consumption bundle in which relative price exceeds the marginal rate of substitution can not be at an optimum.
Suppose you earned $50,000 last year, and inflation is at 5%. You receive a salary increase of $2,000. Explain your increase salary in nominal and real terms.
1. explain the concept of returns to scale as it applies to electronic commerce and physical businesses.2. what is a
you are given the following equation for the aggregate demand ad and short-run aggregate supply sas curve ad y 1.25ap
Suppose that firms in the short-run are earning above-normal profits. Describe what will take place to these profits in long-run for the following markets:
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