Search Results - subject:"elasticity of substitution"

Communication costs, direct flights and international trade

Furusawa, Taiji; Sun, Chang; Tang, Heiwai; Zhang, Jiaxu - 2024

larger impact on products with a lower elasticity of substitution. In our empirical application, we estimate the impact of …

Persistent link: https://www.econbiz.de/10015071134

Unbalanced growth and land oervaluation

Hirano, Tomohiro; Akira Toda, Alexis - 2024

Persistent link: https://www.econbiz.de/10015101645

A semiparametric constant elasticity of substitution stochastic frontier model for panel data

Wang, Taining; Henderson, Daniel J. - In: Essays in honor of Subal Kumbhakar, (pp. 329-370). 2024

Persistent link: https://www.econbiz.de/10014560540

Estimating elasticity of substitution in CES production function: examining different nesting structures and EU regions

Kopečná, Vědunka; Ščasný, Milan; Rečka, Lukáš - 2020

transition economies in Europe. To fill this gap, we estimate the elasticity of substitution between Capital, Labour, Energy and … Material in the constant elasticity of substitution (CES) production function. We use a non-linear estimation technique to …

Persistent link: https://www.econbiz.de/10012320118

Factor Substitution and Factor Augmenting Technical Progress in the Us : A Normalized Supply-Side System Approach

Klump, Rainer; McAdam, Peter; Willman, Alpo - 2021

aggregate elasticity of substitution but also for the parameters of labor and capital augmenting technical change. We find that … the elasticity of substitution is significantly below unity and that the growth rates of technical progress show an …

Persistent link: https://www.econbiz.de/10013319331

Estimating Production Functions in Differentiated-Product Industries with Quantity Information and External Instruments

Roux, Nicolás de; Eslava, Marcela; Franco, Santiago; … - 2022

This paper develops a new method for estimating production-function parameters that can be applied in differentiated-product industries with endogenous quality and variety choice. We take advantage of data on physical quantities of outputs and inputs from the Colombian manufacturing survey,...

Persistent link: https://www.econbiz.de/10014241949