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Tools for econometric analysis and economic modelling with the traditional two-input Constant Elasticity of Substitution (CES) function and with nested CES functions with three and four inputs. The econometric estimation can be done by the Kmenta approximation, or non-linear least-squares using various gradient-based or global optimisation algorithms. Some of these algorithms can constrain the parameters to certain ranges, e.g. economically meaningful values. Furthermore, the non-linear least-squares estimation can be combined with a grid-search for the rho-parameter(s). The estimation methods are described in Henningsen et al. (2021) <doi:10.4337/9781788976480.00030>.
| Version: | 1.0-2 |
| Depends: | R (≥ 2.4.0), minpack.lm (≥ 1.1-4), DEoptim (≥ 2.0-4), car (≥ 2.0-0) |
| Imports: | systemfit (≥ 1.0-0), micEcon (≥ 0.6-1), miscTools (≥ 0.6-1) |
| Suggests: | maxLik (≥ 0.8-0), xtable (≥ 1.5-6), AER (≥ 1.1-9) |
| Published: | 2023-01-06 |
| DOI: | 10.32614/CRAN.package.micEconCES |
| Author: | Arne Henningsen and Geraldine Henningsen |
| Maintainer: | Arne Henningsen <arne.henningsen at gmail.com> |
| BugReports: | https://github.com/micEcon/micEconCES |
| License: | GPL-2 | GPL-3 [expanded from: GPL (≥ 2)] |
| URL: | http://www.micEcon.org |
| NeedsCompilation: | no |
| Citation: | micEconCES citation info |
| Materials: | NEWS |
| In views: | Econometrics |
| CRAN checks: | micEconCES results |
| Reference manual: | micEconCES.pdf |
| Package source: | micEconCES_1.0-2.tar.gz |
| Windows binaries: | r-devel: micEconCES_1.0-2.zip, r-release: micEconCES_1.0-2.zip, r-oldrel: micEconCES_1.0-2.zip |
| macOS binaries: | r-release (arm64): micEconCES_1.0-2.tgz, r-oldrel (arm64): micEconCES_1.0-2.tgz, r-release (x86_64): micEconCES_1.0-2.tgz, r-oldrel (x86_64): micEconCES_1.0-2.tgz |
| Old sources: | micEconCES archive |
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