Suppose you have a sample of 25000 firms in Italy and you have the following unrestricted and restricted OLS estimates. Determine whether in this country, at a significance level a=5%, firms work under constant returns to scale. In(y); = 0.815 + 0.354 In(K), + 0.423ln (L), + ê, (3) In(y); = 0.425 + 0.6 In(K), + 0.4ln (L); + ê, (4) Test Jarque – Bera : 2.687; a = 1.34 %3D [0.187 0.175 -0.32] [2.286 -3.185 4.37 VAR – COV(B) = 0.642 0.175; x'x = 0.318] 6.341 3.947 4.185
Suppose you have a sample of 25000 firms in Italy and you have the following unrestricted and restricted OLS estimates. Determine whether in this country, at a significance level a=5%, firms work under constant returns to scale. In(y); = 0.815 + 0.354 In(K), + 0.423ln (L), + ê, (3) In(y); = 0.425 + 0.6 In(K), + 0.4ln (L); + ê, (4) Test Jarque – Bera : 2.687; a = 1.34 %3D [0.187 0.175 -0.32] [2.286 -3.185 4.37 VAR – COV(B) = 0.642 0.175; x'x = 0.318] 6.341 3.947 4.185
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Open the image
![Suppose you have a sample of 25000 firms in Italy and you have the following
unrestricted and restricted OLS estimates. Determine whether in this country, at a
significance level a=5%, firms work under constant returns to scale.
In(y): = 0.815 + 0.354 In(K), + 0.423ln (L), + ê,
(3)
In(y): = 0.425 + 0.6 In(K); + 0.41n (L); + ê,
(4)
Test Jarque – Bera : 2.687; ô = 1.34
[0.187 0.175 -0.32]
[2.286 -3.185
4.37
VAR – cov(8) = | D
0.175; xx =
0.318]
0.642
6.341
3.947
4.185]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb6c62e9e-01ea-4f5d-aef9-d81ef864c05d%2F20ec5029-1667-4370-8dea-f82bffc6c255%2Fiu1v4b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose you have a sample of 25000 firms in Italy and you have the following
unrestricted and restricted OLS estimates. Determine whether in this country, at a
significance level a=5%, firms work under constant returns to scale.
In(y): = 0.815 + 0.354 In(K), + 0.423ln (L), + ê,
(3)
In(y): = 0.425 + 0.6 In(K); + 0.41n (L); + ê,
(4)
Test Jarque – Bera : 2.687; ô = 1.34
[0.187 0.175 -0.32]
[2.286 -3.185
4.37
VAR – cov(8) = | D
0.175; xx =
0.318]
0.642
6.341
3.947
4.185]
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![Elementary Statistics: Picturing the World (7th E…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
![Introduction to the Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman