《高级宏观学教学资料》NONLINEARITIES AND PARAMETER HETEROGENEITY.pdfVIP

JOURNAL OF APPLIED ECONOMETRICS J. Appl. Econ. 19: 171–201 (2004) Published online 12 March 2004 in Wiley InterScience (). DOI: 10.1002/jae.722 THE SOLOW MODEL WITH CES TECHNOLOGY: NONLINEARITIES AND PARAMETER HETEROGENEITY WINFORD H. MASANJALA AND CHRIS PAPAGEORGIOU* Department of Economics, Louisiana State University, USA SUMMARY This paper examines whether nonlinearities in the aggregate production function can explain parameter heterogeneity in the Solow growth regressions. Nonlinearities in the pr