data.cobbdoug

<p>This data set can be used to model a Cobb-Douglas production process.</p>

datasets

Written to help undergraduate as well as graduate students to get started
with R for basic econometrics without the need to import specific functions
and datasets from many different sources. Primarily, the package is meant to
accompany the German textbook Auer, L.v., Hoffmann, S., Kranz, T. (2024,
ISBN: 978-3-662-68263-0) from which the exercises cover all the topics from the textbook
Auer, L.v. (2023, ISBN: 978-3-658-42699-6).

Soenke Hoffmann

desk

Didactic Econometrics Starter Kit

Tobias Kranz

data.cobbdoug function

<p>A data frame with 100 observations on the following three variables:</p><table class="table">
<tr><td><code>output</code></td><td>production output.</td></tr>
<tr><td><code>labor</code></td><td>input of labor.</td></tr>
<tr><td><code>capital</code></td><td>input of capital.</td></tr>
</table><p></p><p></p>

Format

Cobb-Douglas Production Function — data.cobbdoug

<p>A data frame with 100 observations on the following three variables:</p><table class='table'>
<tr><td><code>output</code></td><td>production output.</td></tr>
<tr><td><code>labor</code></td><td>input of labor.</td></tr>
<tr><td><code>capital</code></td><td>input of capital.</td></tr>
</table>



data.cobbdoug: Cobb-Douglas Production Function

Description

Usage

Arguments

Format

Details

References

`output`	production output.
`labor`	input of labor.
`capital`	input of capital.