石家庄经济学院学报Issue(4):13-18,6.
基于替代弹性的中国超越对数生产函数模型实证比较
Empirical Comparison the Model of China’s Trans-log Production Function Based on Substitution Elasticity
摘要
Abstract
This paper raises an objection to the theoretical formula about the substitution elasticity of trans-log production function ,and then uses differential and derivative knowledge to derive a new one .On this basis ,uses ridge regression method to renew the empirical analysis about China ’ s trans-log production function model ,and points out the improper usage about variance inflation factor existing in the process of determining ridge parameter .T he empirical comparison results show that :the output elasticity values of time independent change are overestimated ;the output elasticity values of labor are underestimated ;all the substitution elasticity values of capital to labor ,capital to energy and labor to energy are close to the ideal state and show a trend of decreasing year by year .关键词
超越对数生产函数/替代弹性/方差膨胀因子/岭回归Key words
trans-log production function/substitution elasticity/variance inflation factor/ridge regression分类
管理科学引用本文复制引用
王灿雄,谢志忠..基于替代弹性的中国超越对数生产函数模型实证比较[J].石家庄经济学院学报,2014,(4):13-18,6.基金项目
福建省新世纪优秀人才支持计划(K8012065A);福建省教育厅社会科学研究项目(JB11098S)。 ()