| Table 3: Estimated elasticities for covariates using translog production variable of productivity. |
| | Variable | Fixed effects models | | Translog model 1 | Translog model 2 | Translog model 3 |
| | Real capital | .2220 | .1862 | .1211 | | Employment | .8872 | .8969 | .8901 | | Years of schooling | | .1299 | −.6369 | | Relative schooling | | .1728 | .4165 | | Experience | | | −.1403 | | Female (%) | | | .0261 | | Black (%) | | | .0113 | | Hispanic (%) | | | −.0085 | | Other minority (%) | | | .0010 | | Metro (%) | | | .1065 |
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Elasticity for a variable v is calculated as .
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