substitution between capital and labor. Our focus is on the two-input constant elasticity of substitution (CES) production function … the CES production function. Second, we outline the construction of an aggregate elasticity of substitution (AES) in a …This paper reviews the status quo of the empirical and theoretical literature on the determinants of the elasticity of …

the elasticity of substitution between capital and labor. Our focus is on the two-input constant elasticity of … elasticity of substitution (AES) in a multi-sectoral framework and investigate its dependence on underlying sectoral elasticities … the effective elasticity of substitution (EES), which is typically estimated in empirical studies, is generally not an …

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

We show that the large elasticity of substitution between capital and labor estimated in the literature on average, 0 …

We show that the large elasticity of substitution between capital and labor estimated in the literature on average, 0 …