How to interpret negative intercept in Cobb Douglas production function?

08 August 2018 1 3K Report

In my research, I found negative coefficient for the intercept of the equation. How can I interpret it? Moreover, I tried to predict dependent variable with this equation. So, Log(-15) is not be calculated. How can I estimate it?

Trinh Quang Thoai

Hi. In Cobb-Douglas function. You have Log(-15) that mean: Log(-15) = e^(-15) = 1/e^15.

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