labor. We question the common view that the elasticity exceeds 1. Two biases, publication and attenuation, conspire to pull … techniques to correct for publication bias and employ Bayesian and frequentist model averaging to address model uncertainty. Our …

We show that the large elasticity of substitution between capital and labor estimated in the literature on average, 0 … capital. The mean elasticity conditional on the absence of publication bias, disaggregated data, and inclusion of information ….9, can be explained by three factors: publication bias, use of aggregated data, and omission of the first-order condition for …

We show that the large elasticity of substitution between capital and labor estimated in the literature on average, 0 … capital. The mean elasticity conditional on the absence of publication bias, disaggregated data, and inclusion of information ….9, can be explained by three factors: publication bias, use of aggregated data, and omission of the first-order condition for …

The elasticity of factor substitution between capital and labor is a crucial parameter in many economic fields. However … and 2016, this paper provides the first meta-regression analysis of capital-labor substitution elasticities for the U …

This paper presents results of a meta-regression analysis on empirical estimates of capital-energy substitution … capital-energy substitution, they are almost entirely outweighed by the negative income effect brought about by energy price … pattern does not hold. Our findings therefore suggest that actual changes in the demand for capital due to energy price …

We show that the large elasticity of substitution between capital and labor estimated in the literature on average, 0 … capital. The mean elasticity conditional on the absence of publication bias, disaggregated data, and inclusion of informa ….9, can be explained by three factors: publication bias, use of aggregated data, and omission of the first-order condition for …