plot.cesEst
(Package: micEconCES) :
Plot RSSs of a CES Function Estimated by Grid Search
Plot a scatter plot, where the values of rho are on the x axis and the corresponding sums of the squared residuals obtained by a grid search for rho are on the y axis. Estimations that did not converge are marked with red.
Estimate a Constant-Elasticity-of-Substitution (CES) function with two exogenous variables or a nested Constant-Elasticity-of-Substitution (CES) function proposed by Sato (1967) with three or four exogenous variables by Least Squares. The functional forms are shown in the documentation of function cesCalc.