Cobb-Douglas data
CDpf.RdData used in Example 2 of Salmerón, García and García (2024) (subsection 4.2) on data for the Cobb-Douglas production function.
Usage
data("CDpf")Format
A data frame containing 28 observations on the following 4 variables:
PProduction (dependent variable).
cteIntercept.
logKCapital (in logarithm).
logWWork (in logarithm).
References
Olva Maldonado, H. (2009). Análisis de la función de producción Cobb-Douglas y su aplicación en el sector productivo mexicano. Tesis, Universidad Autónoma de Chapingo.
Salmerón, R., García, C.B. and García, J. (2025). A redefined Variance Inflation Factor: overcoming the limitations of the Variance Inflation Factor. Computational Economics, 65, 337-363, doi: https://doi.org/10.1007/s10614-024-10575-8.
Examples
head(CDpf, n=5)
#> P cte logK logW
#> 1 37641114 1 17.93734 15.55598
#> 2 42620804 1 18.01187 15.60544
#> 3 37989413 1 17.98800 15.54486
#> 4 40464915 1 18.00700 15.58605
#> 5 41002031 1 18.02283 15.59570
y = CDpf[,1]
x = CDpf[,2:4]
multicollinearity(y, x)
#> RVIFs c0 c3 Scenario Affects
#> 1 6388.881402 88495.933700 1.64951764 a.1 No
#> 2 4.136993 207.628058 0.05043083 a.1 No
#> 3 37.336325 9.445619 147.58213164 b.2 No