The Sensitivity of Returns to Research Calculations to Supply Elasticity

Returns to research are thought to be robust under alternative supply elasticity assumptions. We show, both conceptually and numerically, how advances in approximating social benefits make returns to research sensitive to the supply elasticity. Despite this greater sensitivity, these advances retain conceptual and practical advantages. We make recommendations for dealing with the increased sensitivity

MoreLess

Year of publication:	2010
Authors:	Oehmke, James F. ; Crawford, Eric W.
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Preiselastizität \| Price elasticity \| Forschung \| Research \| Gesamtwirtschaftliches Angebot \| Aggregate supply \| Nutzen \| Utility
Description of contents:	Abstract [papers.ssrn.com]

Check Google Scholar |

More access options

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: American Journal of Agricultural Economics, Vol. 84, pp. 366-369, 2002 Volltext nicht verfügbar
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014116469