, a Constant Elasticity of Substitution production function system is then estimated for the US economy. Results show that …-growth frameworks. -- Balanced Growth ; Technical Progress Neutrality ; Factor Income share ; Constant Elasticity of Substitution …

cycle model. We propose an RBC model with a Constant Elasticity of Substitution (CES) production function that allows for … sample, we find (i) evidence in favor of a less than unitary elasticity of substitution (rejecting Cobb-Douglas) and (ii) a … Cycles models ; Constant Elasticity of Substitution production function ; Hours worked dynamics …

We estimate an aggregate production function with constant elasticity of substitution between energy and a capital …

This paper evaluates the presence of heterogeneity, by household type, in the elasticity of substitution between food … establish the presence of heterogeneity in the elasticity of substitution and in the intensity parameter. We find that the … elasticity of substitution is low for all household types. …

We provide a general theoretical characterization of how technology choice affects the long-run elasticity of … substitution between capital and labour. While the shape of the technology frontier determines the long-run growth path and the …

system integration constraints in a model, WITCH, characterized by a Constant Elasticity of Substitution (CES) framework. …

This paper uses normalized constant elasticity of substitution production functions to estimate the elasticity of … substitution and labour-augmenting technical change in South Africa over the period 1994-2012. We find elasticities of 0.6-0.9 and …