Dear Statalist users,
I am trying to estimate a production function with two state variables - capital stock and r&d stock - using the -levpet- command. However, it seems that the Stata routine only allows for specification of one such variable - capital stock. Is there a way to estimate this production function in Stata using -levpet-?
I couldn't find help for this online, so I would appreciate any clarification on this.
Thanks in advance,
Matej Drev, CMU
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