Xue, Jianpo; Yip, Chong K. - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2012
This paper examines the relation between aggregate elasticity of substitution (AES) and capital accumulation (the AES …-specific, then it is found that a positive AES-K relation emerges ony if the elasticity of substitution (ES) between capital and …