Search Results - subject:"elasticity of technical substitution"

Elasticity of Substitution and Farm Heterogeneity in TFP and Size: A Theoretical Framework and Empirical Application to Australian Broadacre Farms

Australian Agricultural and Resource Economics Society … - 2014

This paper develops a theoretical model to examine the relationship between the input elasticity of (technical …) substitution and both farm total factor productivity and size. In the presence of ongoing technical change and its factor bias, the …

Persistent link: https://www.econbiz.de/10010880473

Input substitution, productivity performance and farm size

Sheng, Yu; Davidson, Alistair; Fuglie, Keith O.; Zhang, … - In: The Australian journal of agricultural and resource … 60 (2016) 3, pp. 327-347

Persistent link: https://www.econbiz.de/10011546471

Declining labour share: Evidence of a change in the underlying production technology

Ripatti, Antti; Vilmunen, Jouko - 2001

The study demonstrates that the decline in the labour share in Finland can not be explained by the Cobb-Douglas production function.Instead, we propose an approach based on the constant-elasticity-of-substitution (CES) production function with labour- and capital-augmenting technical...

Persistent link: https://www.econbiz.de/10012147819

Declining labour share – Evidence of a change in underlying production technology?

Ripatti, Antti; Vilmunen, Jouko - Suomen Pankki - 2001

The study demonstrates that the decline in the labour share in Finland can not be explained by the Cobb-Douglas production function. Instead, we propose an approach based on the constant-elasticity-of-substitution (CES) production function with labour- and capital-augmenting technical progress....

Persistent link: https://www.econbiz.de/10005190751