This paper addresses the relationship between technical change and the elasticity of substitution between factors of …

references to the elasticity of substitution between labor and capital. He presents evidence that suggests that capital’s share … rises as the capital-labor ratio rises. In a very simple growth model, this would mean that the elasticity of substitution …: (2014) “I know of no study suggesting that … the elasticity of substitution is less than one, and I know of quite a few …

climate change policy. This is the first study to estimate the elasticity of substitution between different fossil fuels and …

of substitution among production inputs. This paper derives general conditions for eluding the limits to growth showing … depends on three key factors, namely the degree of temporal and inter-temporal flexibility in consumption and the elasticity …

-2012, the results suggest a partial elasticity of substitution of 1.7 for college- and high-school-educated workers and a … partial elasticity of substitution of about 3 across age groups. Remarkably, the wage gap between younger and older workers …

We reconcile conflicting evidence on the magnitude of the elasticity of substitution of land for capital, which is a …

-unitary elasticity of substitution and timevarying factor shares. The advantage of the Canadian data for this purpose is that they … researchers. In contrast to the previous US results, we find an elasticity of substitution not significantly less than unity, and …

expenditure is an important factor in analyzing consumer behavior. The empirical results show that the intertemporal elasticity of … substitution of service expenditure is positive, significant and greater than that of non-durable expenditure. These results are …

profit share by an elasticity of substitution, σ, greater than one between labor and capital in an aggregate production … lack of existing results, Semieniuk makes a simple estimate of σ in the class of constant elasticity of substitution …