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Elasticity of factor substitution is one of the key parameters of any computational general equilibrium model. Despite a wide use of this model in a policy analysis, there are a few estimates of the elasticity, with almost none for transition economies in Europe. To fill this gap, we estimate...
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It is common in index decomposition studies to decompose an aggregate into five or more factors. This applies to energy-related carbon emissions since carbon emission coefficient by fuel type is relatively easy to derive. However, it is extremely demanding to derive the air pollutant emission...
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