Search Results - subject:"KLEM production function"

Estimating Elasticity of Substitution in CES Production Function: Examining Different Nesting Structures and EU Regions

Kopecna, Vedunka; Scasny, Milan; Recka, Lukas - 2020

Elasticity of factor substitution is one of the key parameters of any computational general equilibrium model. Despite a wide use of this model in a policy analysis, there are a few estimates of the elasticity, with almost none for transition economies in Europe. To fill this gap, we estimate...

Persistent link: https://www.econbiz.de/10012695516

Estimating elasticity of substitution in CES production function: examining different nesting structures and EU regions

Kopečná, Vědunka; Ščasný, Milan; Rečka, Lukáš - 2020

Persistent link: https://www.econbiz.de/10012320118

Econometric estimation of nested production functions and testing in a computable general equilibrium analysis of economy-wide rebound effec ts

Lange, Ian Andrew; Turner, Karen; Ha, Soo Jung; Lecca, … - Department of Economics, University of Stirling - 2012

Quantitative models, such as computable general equilibrium (CGE), that are increasingly used to inform policy processes rely on a number of assumptions concerning how good and services are produced. Previous research has shown that the elasticity of substitution between inputs and the structure...

Persistent link: https://www.econbiz.de/10010894661

An investigation of issues relating to where energy should enter the production function

Lecca, Patrizio; Swales, J. Kim; Turner, Karen - 2010

hierarchical KLEM production function in a computable general equilibrium (CGE) model. The appropriate means of introducing energy … structure of the KLEM production function and separability assumptions therein. Specifically, we conduct both systematic and …

Persistent link: https://www.econbiz.de/10009465951

An investigation of issues relating to where energy should enter the production function

Turner, Karen; Lecca, Patrizio; Swales, J Kim - Department of Economics, University of Stirling - 2010

Persistent link: https://www.econbiz.de/10009209669

An investigation of issues relating to where energy should enter the production function

Lecca, Patrizio; Swales, Kim; Turner, Karen - In: Economic Modelling 28 (2011) 6, pp. 2832-2841

hierarchical KLEM production function in a computable general equilibrium (CGE) model. The appropriate means of introducing energy … production function and separability assumptions therein. … Scottish economy (targeted at the energy supply sector) under different assumptions regarding the structure of the KLEM …

Persistent link: https://www.econbiz.de/10010573391