Search Results - subject:"elasticity of substitution"

Forecast Horizons Under Demand Substitution and Production Changeovers : A Generalized Model

MU, Yinping; Jing, Fuying - 2022

This paper presents a generalized model to investigate forecast horizons for a twoproduct dynamic lot-sizing model under production changeover and one-way demand substitution. Changeover costs emerge when production switches from one product to another. A high-grade product can be used to...

Persistent link: https://www.econbiz.de/10014077378

A practical approach to estimating sector-level substitution elasticities with PPML

Schreiber, Samantha - 2022

Persistent link: https://www.econbiz.de/10012939904

Production and distribution of value

Villalobos Céspedes, Daniel - In: Revista de ciencias económicas 40 (2022) 1, pp. 1-24

Persistent link: https://www.econbiz.de/10012886820

Armington Elasticities and the Third-Country Effects of Trade Wars

Li, Wei; Qiu, Bin; Wang, Zi; Zeng, Yanbo; Zi, Yuan - 2022

We revisit the Armington model developed by Feenstra et al. (2018) that allows the elasticity of substitution between … that imposing a uniform elasticity of substitution across all varieties would lead to (i) considerable underestimation of … production, exactly the same set of data used for counterfactual analysis. Our estimates suggest that the elasticity of …

Persistent link: https://www.econbiz.de/10014030439

Corporate Bond Elasticities : Substitutes Matter

Li, Jian; Fu, Zhiyu; Chaudhary, Manav - 2022

We construct exogenous demand shocks using quarterly mutual fund flow data to estimate CUSIP and portfolio elasticities for U.S. corporate bonds. Our approach relaxes the homogeneous cross-elasticity assumption implicitly embedded in many existing methods. At the CUSIP level, the elasticity is...

Persistent link: https://www.econbiz.de/10014235591

Elicitation of Elasticity of Intertemporal Substitution, Risk and Time Preferences

de Castro, Luciano I.; Galvao, Antonio F.; … - 2022

The elicitation of the elasticity of intertemporal substitution (EIS), discount factor, and risk attitude parameters in dynamic models is of central importance to economics, finance and public policy. This paper suggests an alternative method to jointly elicit and estimate these three parameters...

Persistent link: https://www.econbiz.de/10014238405

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/10014241074

Digitalization and resilience to disaggregate shocks

Schwark, Florentine; Tryphonides, Andreas - 2022

Persistent link: https://www.econbiz.de/10014336657

Efectos de la migración venezolana sobre los salarios en Colombia

Obando Arias, Alix Juliana; Ramoni Perazzi, Josefa; … - In: Estudios de economía 49 (2022) 1, pp. 91-113

,01% and 0,03%, depending on the group of workers and the period, being higher among those with perfect elasticity of … substitution. …

Persistent link: https://www.econbiz.de/10013326533

The elasticity of a random variable as a tool for measuring and assessing risks

Veres-Ferrer, Ernesto-Jesús; Pavia, José Manuel - In: Risks : open access journal 10 (2022) 3, pp. 1-38

Elasticity is a very popular concept in economics and physics, recently exported and reinterpreted in the statistical field, where it has given form to the so-called elasticity function. This function has proved to be a very useful tool for quantifying and evaluating risks, with applications in...

Persistent link: https://www.econbiz.de/10013161568