Search Results - subject:"elasticity of substitution"

Isoelastic Elasticity of Substitution Production Functions

Growiec, Jakub - 2015

We generalize the normalized Constant Elasticity of Substitution (CES) production function by allowing the elasticity …) capital-labor ratios, or (iv) capital-output ratios. Ensuing four variants of Isoelastic Elasticity of Substitution (IEES … elasticity of substitution between capital and labor has remained relatively stable, at about 0.8-0.9, from 1948 to the 1980s …

Persistent link: https://www.econbiz.de/10013014842

Elasticity of substitution between clean and dirty energy inputs : a macroeconomic perspective

Papageorgiou, Chris; Saam, Marianne; Schulte, Patrick - 2013

nested CES production functions that allow to estimate a special case of this parameter: the elasticity of substitution … of substitution between clean and dirty production represents a crucial condition for green growth. Until now it has …Recently Acemolgu, Aghion, Bursztyn and Hemous (AER 2012) formulated a model in which a high macroeconomic elasticity …

Persistent link: https://www.econbiz.de/10010202674

Estimation of sectoral elasticities of substitution along the international technology frontier

Baccianti, Claudio - 2013

Sectoral heterogeneity is crucial to address several economic questions. This paper provides a detailed mapping of sectoral production possibility frontiers, using different nesting structures and levels of aggregation (primary, secondary, tertiary activities and energy-intensive firms)....

Persistent link: https://www.econbiz.de/10010204241

Monetary policy, factor substitution, and convergence

Klump, Rainer; Jurkat, Anne - In: Macroeconomic dynamics 22 (2018) 1, pp. 63-76

Persistent link: https://www.econbiz.de/10011914954

Elasticity of substitution and technical progress : is there a misspecification problem?

Federici, Daniela; Saltari, Enrico - In: Macroeconomic dynamics 22 (2018) 1, pp. 101-121

Persistent link: https://www.econbiz.de/10011914957

On a generalization of a class of production functions

Vîlcu, Gabriel-Eduard - In: Applied economics letters 25 (2018) 2, pp. 106-110

Persistent link: https://www.econbiz.de/10011853704

Factor substitution in rice production function : the case of Vietnam

Linh Bui Khac; Huyen Hoang Thi Nhat; Hang Bui Thanh - In: Economic research 31 (2018) 1,2, pp. 1807-1825

Persistent link: https://www.econbiz.de/10012391893

A decline in labor's share with capital accumulation and complementary factor inputs : an application of the Morishima elasticity of substitution

Paul, Saumik - 2019

variable substitution elasticities, the Morishima elasticity of substitution is applied to identify the elasticity parameters …

Persistent link: https://www.econbiz.de/10011993096

Death to the Cobb-Douglas production function?: a quantitative survey of the capital-labor substitution elasticity

Gechert, Sebastian; Havránek, Tomáš; Havránková, Zuzana - 2019

Persistent link: https://www.econbiz.de/10012244891

Trade costs in services : firm survival, firm growth and implied changes in employment

Christen, Elisabeth; Pfaffermayr, Michael; Wolfmayr, Yvonne - 2019

This paper provides new insight into the firm-level employment impacts of trade cost changes at the industry level in the Austrian services sector. We apply a two-part model of firm survival (exit) and firm growth. Separate regressions for firm entry rates at the industry-region level complete...

Persistent link: https://www.econbiz.de/10012157327