Rejecting Capital-Skill Complementarity at all Costs

Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as substitutability. The standard approach reflecting this idea is a translog specification this is also the approach used by numerous studies analyzing the relative capital-skill complementarity hypothesis formulated byGRILICHES (1969).

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Year of publication:	2001-03-01
Authors:	Frondel, Manuel ; Schmidt, Christoph M.
Publisher:	Universität <Heidelberg> / Fakultät für Wirtschafts- und Sozialwissenschaften
Subject:	Translog-Kostenfunktion

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Extent:	135168 bytes 24 p. application/pdf
Series:	Universität Heidelberg - Fakultät für Wirtschafts- und Sozialwissenschaften ZEW Discussion Paper ; 01-27 (2001)
Type of publication:	Book / Working Paper
Language:	English
Classification:	C3 - Econometric Methods: Multiple/Simultaneous Equation Models ; D2 - Production and Organizations ; Production and Logistics, Operations Management ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005840376