Ist die gesamtwirtschaftliche Cobb-Douglas- Produktionsfunktion eine Kointegrationsbeziehung? / Is the Macroeconomic Cobb-Douglas Production Function a Cointegration Relationship?: Empirische Analyse vor und nach der Wiedervereinigung / Empirical Analysis Before and After German Reunification

Schröer Gunar and Stahlecker Peter
Additional contact information
Schröer Gunar: Universität Hamburg, Institut für Statistik und Ökonometrie, Von-Melle-Park 5, D-20146 Hamburg
Stahlecker Peter: Universität Hamburg, Institut für Statistik und Ökonometrie, Von-Melle-Park 5, D-20146 Hamburg

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 1996, vol. 215, issue 5, 513-525

Abstract: This paper presents a cointegration analysis of real gross domestic product, real capital stock, and labour. Several tests come to the result that a cointegration relationships between these variables exists, even after german reunification. However, an interpretation of the cointegration relationship as a Cobb-Douglas production function with constant elasticities of production is possible only if structural breaks in the rate of Hicks neutral technical progress are taken into account.

Date: 1996
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/jbnst-1996-0502 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:215:y:1996:i:5:p:513-525:n:1002

DOI: 10.1515/jbnst-1996-0502

Access Statistics for this article

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik) is currently edited by Peter Winker

More articles in Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik) from De Gruyter
Bibliographic data for series maintained by Peter Golla ().