Search Results - subject:"elasticity of substitution"

Climate policy and resource extraction with variable markups and imperfect substitutes

Curuk, Malik; Sen, Suphi - In: Journal of the Association of Environmental and … 10 (2023) 4, pp. 1091-1120

Persistent link: https://www.econbiz.de/10014303308

Der deutsche Außenhandel in der Ersten Globalisierung: neue Daten, neue Erkenntnisse

Hungerland, Wolf-Fabian - In: WISTA - Wirtschaft und Statistik 72 (2020) 1, pp. 65-77

Dieser Beitrag stellt einen Teil der mit dem Gerhard-Fürst-Preis 2019 ausgezeichneten Dissertation "On Germany and International Trade in the First Globalisation" vor. Die Arbeit untersucht Deutschlands Außenhandel von 1880 bis 1913 - dem als Erste Globalisierung bezeichneten Zeitraum....

Persistent link: https://www.econbiz.de/10012167846

Substituting clean for dirty energy: A bottom-up analysis

Stöckl, Fabian; Zerrahn, Alexander - 2020

isolating mechanisms that impact the elasticity of substitution between clean and dirty energy. Central results show that (i …) dirty inputs are not essential for production. As long as some energy storage is available, the elasticity of substitution …

Persistent link: https://www.econbiz.de/10012259637

Is substitutability the new efficiency? Endogenous investment in the elasticity of substitution between clean and dirty energy

Stöckl, Fabian - 2020

transition from an economy characterized by a low elasticity of substitution to one characterized by a high elasticity. In doing …

Persistent link: https://www.econbiz.de/10012259638

Skilled and Unskilled Labor Are Less Substitutable than Commonly Thought

Havranek, Tomas; Irsova, Zuzana; Laslopova, Lubica; … - 2020

A key parameter in the analysis of wage inequality is the elasticity of substitution between skilled and unskilled …

Persistent link: https://www.econbiz.de/10012262435

Endogenous sigma-augmenting technological change: An R&D-based approach

Kemnitz, Alexander; Knoblach, Michael - 2020

There is now increasing evidence that for the U.S. economy, the elasticity of substitution between capital and labor … higher elasticity of substitution between capital and labor. Improved possibilities for factor substitution mitigate the … the timing of innovations is important: two economies with the same steady-state elasticity of substitution between …

Persistent link: https://www.econbiz.de/10012267196

The elasticity of substitution between clean and dirty energy with technological bias

Jo, Ara - 2020

The elasticity of substitution between clean and dirty energy and the direction of technological change are central … studies that empirically estimate these key parameters. In this paper, I estimate the elasticity of substitution between clean … within the energy aggregate. I find estimates of the elasticity of substitution ranging between 2 and 3. The largely dirty …

Persistent link: https://www.econbiz.de/10012316682

Skilled and unskilled labor are less substitutable than commonly thought

Havranek, Tomas; Havránková, Zuzana; Laslopova, Lubica; … - 2020

A key parameter in the analysis of wage inequality is the elasticity of substitution between skilled and unskilled …

Persistent link: https://www.econbiz.de/10012389288

Bundling time and goods: Implications for hours dispersion

Fang, Lei; Hannusch, Anne; Silos, Pedro - 2020

We document the large dispersion in hours worked in the cross-section. We account for this fact using a model in which households combine market inputs and time to produce a set of nonmarket activities. To estimate the model, we create a novel data set that pairs market expenditures and time use...

Persistent link: https://www.econbiz.de/10012389578

Macroeconomic growth in Vietnam transitioned to market: An unrestricted VES framework

In: Economies 8 (2020) 3, pp. 1-15

economic growth of this country used the Cobb-Douglas or CES (Constant Elasticity of Substitution) production functions, which … unrestricted VES (Variable Elasticity of Substitution) production function in a one-sector growth model of Vietnam, highlighted by … CES and the Cobb-Douglas having the elasticity of substitution between capital and labour varying with economic …

Persistent link: https://www.econbiz.de/10013199687