A Cross-Country Estimation of the Elasticity of Substitution between Labor and Capital in Manufacturing Industries

This paper presents a simple methodology to estimate the elasticity of substitution between labor and capital for firms operating in perfectly competitive factor markets with constant-elasticity-of-substitution technologies. It is applied to a cross-count

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Year of publication:	2003
Authors:	Claro, Sebastián
Published in:	Latin American Journal of Economics-formerly Cuadernos de Economía. - Instituto de Economía, ISSN 0717-6821. - Vol. 40.2003, 120, p. 239-257
Publisher:	Instituto de Economía
Subject:	Elasticity of substitution \| international technology differences

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	C13 - Estimation ; D20 - Production and Organizations. General ; O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005730108