Search Results - subject:"elasticity of substitution"

Capital-labor substitutability in labor importing economy : the case of the United Arab Emirates

Shamsi, Fatima al- - In: The Middle East business and economic review 13 (2001) 1, pp. 44-51

Persistent link: https://www.econbiz.de/10001614692

Capital-skill complementarity: evidence from manufacturing industries in Ghana

Akay, Gokhan H.; Yuksel, Mutlu - 2009

Using U.S. manufacturing data, Griliches (1969) found evidence suggesting that capital equipment was more substitutable for unskilled than skilled labor. Griliches formulated this finding as the capital-skill complementarity hypothesis. The purpose of this study is to determine whether the...

Persistent link: https://www.econbiz.de/10010269447

The elasticity of substitution and the sector bias of International Outsourcing: Solving the puzzle

Horgos, Daniel - 2009

the elasticity of substitution can solve the puzzle. With the elasticity exceeding a critical value, unambiguous results …

Persistent link: https://www.econbiz.de/10010270379

Occupational and locational substitution: measuring the effect of occupational and regional mobility

Aldashev, Alisher - 2009

The paper analyzes effects of occupational and regional mobility on the matching rate using the monthly panel disaggregated on regional and occupational level. The main contribution of the paper is measuring the effect of substitutability between vacancies for different occupations and vacancies...

Persistent link: https://www.econbiz.de/10010298786

Transmission of nominal exchange rate changes to export prices and trade flows and implications for exchange rate policy

Hoffmann, Mathias; Holtemöller, Oliver - 2009

model depends on the interplay between the degree of exchange rate pass-through and the elasticity of substitution between …

Persistent link: https://www.econbiz.de/10010298837

Think again: Higher elasticity of substitution increases economic resilience

Dumas, P.; Hallegatte, S. - 2009

This paper shows that, counter-intuitively, a higher elasticity of substitution in model production function can lead … fact that assuming a higher elasticity of substitution requires a recalibration of the production function parameters to …

Persistent link: https://www.econbiz.de/10010279458

Estimation of Demand Systems Based on Elasticities of Substitution

Coloma, German - In: Review of Applied Economics 5 (2009) 1-2

This paper develops a model for demand-system estimations, whose coefficients are own-price Marshallian elasticities and elasticities of substitution between goods. The model satisfies the homogeneity, symmetry and, eventually, adding-up restrictions implied by consumer theory. It is primarily...

Persistent link: https://www.econbiz.de/10010879581

Think Again: Higher Elasticity of Substitution Increases Economic Resilience

Dumas, P.; Hallegatte, S. - Fondazione ENI Enrico Mattei (FEEM) - 2009

Persistent link: https://www.econbiz.de/10004987233

ELASTICITY OF SUBSTITUTION BETWEEN LABOUR AND CAPITAL ACROSS TWENTY SIX MAJOR INDUSTRIES IN INDIA DURING 2004-05

UPENDER, M. - In: International Journal of Applied Econometrics and … 9 (2009) 1, pp. 101-110

The magnitude of the elasticity of substitution between labour and capital across twenty six major Industries [Factory … Sector] in India has been estimated in the present paper by fitting a Constant Elasticity of Substitution Production Function … elasticity of substitution between labour and capital across the major Indian Industries is significantly more than unity …

Persistent link: https://www.econbiz.de/10005041957

Identifying the elasticity of substitution with biased technical change

León-Ledesma, Miguel A.; McAdam, Peter; Willman, Alpo - European Central Bank - 2009

Despite being critical parameters in many economic fields, the received wisdom, in theoretical and empirical literatures, states that joint identification of the elasticity of capital-labor substitution and technical bias is infeasible. This paper challenges that pessimistic interpretation....

Persistent link: https://www.econbiz.de/10005002765