Search Results - subject:"elasticity of substitution"

Structural change, service sector features, and aggregate elasticity of substitution

Osumi, Yasuyuki - In: Structural Change, Market Concentration, and Inequality …, (pp. 11-25). 2024

Persistent link: https://www.econbiz.de/10014583333

Automation, tasks, and labor share

Muro, Kazunobu - In: Structural Change, Market Concentration, and Inequality …, (pp. 89-99). 2024

Persistent link: https://www.econbiz.de/10014583337

Elasticity of substitution, long-run growth, and convergence speed : a general framework

Gómez, Manuel A. - In: International journal of economic theory 20 (2024) 3, pp. 352-370

Persistent link: https://www.econbiz.de/10015099026

The elasticity of substitution and labor-saving innovations in the Spanish regions

Cutanda Tarin, Antonio - In: Estudios de economía 49 (2022) 2, pp. 123-144

panel of Spanish regions for the period 1964-2013. It obtains an elasticity of substitution below one and identifies … Spanish case. Nevertheless, they do not support a relationship between the elasticity of substitution and the initial regional …

Persistent link: https://www.econbiz.de/10013489800

How constant is constant elasticity of substitution? : endogenous substitution between clean and dirty energy

Jo, Ara; Miftakhova, Alena - 2022

optimal environmental policy. Despite the importance, a constant and exogenous elasticity of substitution has been a dominant … of substitution that interacts with the relative share of clean inputs in the economy. We find strong dynamic feedback … theoretical approach. We challenge this assumption by developing a dynamic general equilibrium model with an endogenous elasticity …

Persistent link: https://www.econbiz.de/10013162794

Calibrating constant elasticity of substitution technologies to bottom-up cost estimates

Balistreri, Edward J.; Brown, Maxwell - 2022

Persistent link: https://www.econbiz.de/10013261792

Existence of non-trivial steady-state equilibria in an overlapping generations model : A CES production function of which elasticity of substitution is less than one case

Imoto, Shin - 2022

in a OLG model. Although commonly used and empirically significant, constant-elasticity-of-substitution production … functions with low elasticity of substitution between capital and labor do not satisfy the Strengthened Inada condition by Galor …

Persistent link: https://www.econbiz.de/10013306226

Stone-geary meets CES : an extended linear expenditure system

Sancho, Ferrán - 2022 - Version: January 2022

Persistent link: https://www.econbiz.de/10013365774

On the elasticity of substitution between labor and ICT and IP capital and traditional capital

Jerbashian, Vahagn - 2022

I estimate CES aggregate production functions for the US, the UK, Japan, Germany, and Spain using data from the EU KLEMS database. I distinguish between three types of capital: information and communication technologies (ICT), intellectual property (IP) capital, and traditional capital. I assume...

Persistent link: https://www.econbiz.de/10013390934

How Constant is Constant Elasticity of Substitution? Endogenous Substitution between Clean and Dirty Energy

Jo, Ara; Miftakhova, Alena - 2022

The degree of substitutability between clean and dirty energy plays a centralrole in leading economic analyses of optimal environmental policy. Despitethe importance, assuming a constant and exogenous elasticity of substitutionhas been a dominant theoretical approach. We challenge this...

Persistent link: https://www.econbiz.de/10014244134