Search Results - subject:"constant elasticity of substitution"

Diewert, Erwin - 2019

A major challenge facing statistical agencies is the problem of adjusting price and quantity indexes for changes in the availability of commodities. This problem arises in the scanner data context as products in a commodity stratum appear and disappear in retail outlets. Hicks suggested a...

Persistent link: https://www.econbiz.de/10012867897

Estimating the Benefits of New Products

Diewert, W. Erwin - 2019

Persistent link: https://www.econbiz.de/10012479940

Labor market effects of technology shocks biased toward the traded sector

Bertinelli, Luisito; Cardi, Olivier; Restout, Romain - 2019

Persistent link: https://www.econbiz.de/10012194773

A skeptical note on the role of constant elasticity of substitution in labor income share dynamics

Paul, Saumik - 2019

exogenous. The constant elasticity of substitution (CES) (Arrow et al., 1961) production function has predominantly been used to …

Persistent link: https://www.econbiz.de/10012007485

Labor market effects of technology shocks : biased toward the traded sector

Bertinelli, Luisito; Cardi, Olivier; Restout, Romain - 2019

Persistent link: https://www.econbiz.de/10012171990

Intermediate goods-skill complementarity

Kiyota, Kōzō; Kurokawa, Yoshinori - 2019

Persistent link: https://www.econbiz.de/10012172604

On the substitution of private and public capital in production

An, Zidong; Kangur, Alvar; Papageorgiou, Chris - 2019

Most macroeconomic models assume that aggregate output is generated by a specification for the production function with total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect substitutes. In this paper we test this assumption by...

Persistent link: https://www.econbiz.de/10012154588

Intertemporal utility with heterogeneous goods and constant elasticity of substitution

Quaas, Martin F.; Baumgärtner, Stefan; Drupp, Moritz A.; … - 2019

and only if it either is of the intertemporal constant elasticity of substitution (ICES) form, that is, if all …We characterize intertemporal utility functions over heterogeneous goods that feature (i) a constant elasticity of … substitution between goods at each point in time and (ii) a constant intertemporal elasticity of substitution for at least one of …

Persistent link: https://www.econbiz.de/10012156591

Early 20th century American exceptionalism : production, trade and diffusion of the automobile

Cheng, Dong; Crucini, Mario J.; Oh, Hyunseung; … - 2019

Persistent link: https://www.econbiz.de/10012099461

The role of ICT productivity in Korea-Japan multifactor CES productions and trades

Kim, Jiyoung; Nakano, Satoshi; Nishimura, Kazuhiko - 2019

Persistent link: https://www.econbiz.de/10012545228