caa a22 4500 477076432 CHVBK 20180405111439.0 cr unu---uuuuu 170330e19961201xx s 000 0 eng 10.1007/BF01581948 doi (NATIONALLICENCE)springer-10.1007/BF01581948 Hsing Yu Department of Economics and Business Research, Southeastern Louisiana University, College of Business, SLU 813, 70402, Hammond, LA, USA aut An empirical estimation of regional production functions for the U.S. manufacturing industry [Elektronische Daten] [Yu Hsing] Five different production functions for 50 states and the District of Columbia in the U.S. are estimated and compared based on the 1987 data from the Census of Manufacturers. The Cobb-Douglas function can be rejected. The CES yields a negative value of the elasticity of substitution (σ). In the translog function, the coefficient of logK t has a wrong sign and is insignificant. The coefficient ofK t 0.5 L t 0.5 in the generalized Leontief function is insignificant at the 5% level. It appears that the new CES function (Bairam, 1989, 1991) yields the best statistical results: σ is estimated to be 1.56, and total output elasticity ranges from 0.85 to 1.12, which can partly be explained by different values of theK/L ratio. Springer-Verlag, 1996 The Annals of Regional Science Springer-Verlag 30/4(1996-12-01), 351-358 0570-1864 30:4<351 1996 30 168 https://doi.org/10.1007/BF01581948 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF01581948 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Hsing Yu Department of Economics and Business Research, Southeastern Louisiana University, College of Business, SLU 813, 70402, Hammond, LA, USA aut NATIONALLICENCE 773 0- The Annals of Regional Science Springer-Verlag 30/4(1996-12-01), 351-358 0570-1864 30:4<351 1996 30 168 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer