Stehrer, Robert (contributor) - 2005
summationtexti γi = 1. The parameter ς := 1/(1 − rho1)
with 0 < ς < ∞ denotes the elasticity of substitution between the good i = 1 …
we refer to 0 < αiz < with summationtextz αiz = 1 as share parameters. ρ determines the elasticity of substitution … elasticity of substitution equal to
one) qi = Ai(aiLliL)αiL(aiSliS)αiS; for ρ → −∞, i.e. no factor substitution taking place, the …
