Learn R Programming

micEcon (version 0.5-6)

quadFuncCalc: Calculate dependent variable of a quadratic function

Description

Calculate the dependent variable of a quadratic function.

Usage

quadFuncCalc( xNames, data, coef, quadHalf = TRUE  )

Arguments

xNames
a vector of strings containing the names of the independent variables.
data
dataframe containing the data.
coef
vector containing all coefficients.
quadHalf
logical. Multiply the quadratic terms by one half?

Value

  • a vector containing the endogenous variable.

See Also

quadFuncEst and quadFuncDeriv.

Examples

Run this code
data( germanFarms )
   # output quantity:
   germanFarms$qOutput <- germanFarms$vOutput / germanFarms$pOutput
   # quantity of variable inputs
   germanFarms$qVarInput <- germanFarms$vVarInput / germanFarms$pVarInput
   # a time trend to account for technical progress:
   germanFarms$time <- c(1:20)

   # estimate a quadratic production function
   estResult <- quadFuncEst( "qOutput", c( "qLabor", "land", "qVarInput", "time" ),
      germanFarms )

   quadFuncCalc( c( "qLabor", "land", "qVarInput", "time" ), germanFarms,
      coef( estResult ) )
   #equal to estResult$fitted

Run the code above in your browser using DataLab