Question

1. Assuming Cobb-Douglass production function, using OLS method estimate the total factor productivity for the Industry sector over the above stated period. Supplement your findings with graphs and explanations for the changes that you observe over the years. Clearly show the result of your OLS estimation. ​

Answer 1

1. Assuming Cobb-Douglass production function, using OLS method estimate the total factor productivity for the Industry sector over the above stated period. Supplement your findings with graphs and explanations for the changes that you observe over the years. Clearly show the result of your OLS estimation.