New answers tagged regression
2
votes
What could a negative output elasticity of an input imply?
What could a negative output elasticity of an input imply?
If this would be actual rigorously and properly estimated result it would imply that when you increase the said input, you will get less ...
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0
votes
What could a negative output elasticity of an input imply?
Your final column seems to be value of output, not real units of output, so you cannot say that "its increase by a percent decreases the production". According to your regression it ...
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