Chirinko, Robert S.; Fazzari, Steven M.; Meyer, Andrew P. - In: Journal of Business & Economic Statistics 29 (2011) 4, pp. 587-594
Parameters of taste and technology are central to a wide variety of economic models and issues. This article proposes a simple method for estimating production function parameters from panel data, with a particular focus on the elasticity of substitution between capital and labor. Elasticity...