Next we consider the full seperability (JS) case. The coefficients of the estimated production functions in the JS case are provided in Tables 7.1 and 7.2 respectively. The labour and capital coefficients are significant and the R2 is quite high. The fit is good enough for further analysis. Using the formulae (4.18) for shadow wages, we then calculate them using the estimated equations.
Literacy Rate Female Labour Female Entrepreneur Full Seperability Female Entrepreneurship
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