Non-Extensive Entropy Econometrics: New Statistical Features of Constant Elasticity of Substitution-Related Models
Power-law (PL) formalism is known to provide an appropriate framework for canonical modeling of nonlinear systems. We estimated three stochastically distinct models of constant elasticity of substitution (CES) class functions as non-linear inverse problem and showed that these PL related functions s...
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| Format: | Article |
| Language: | English |
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MDPI AG
2014-05-01
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| Series: | Entropy |
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| Online Access: | http://www.mdpi.com/1099-4300/16/5/2713 |