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  • Search: subject_exact:"Constant-elasticity-of-substitution production function"
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Year of publication
Subjects
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CES production function 234 CES-Produktionsfunktion 234 Theorie 126 Theory 126 Elasticity of substitution 67 Substitutionselastizität 67 Technischer Fortschritt 40 Technological change 40 Schätzung 30 Estimation 29 USA 27 United States 27 Factor substitution 25 Faktorsubstitution 25 Growth theory 25 Wachstumstheorie 25 Cobb-Douglas production function 22 Cobb-Douglas-Produktionsfunktion 22 Produktionsfunktion 18 Monopolistic competition 17 Monopolistischer Wettbewerb 17 Production function 17 Productivity 15 Produktivität 15 Mehrsektoren-Modell 14 Multisectoral model 14 Economic growth 13 Wirtschaftswachstum 13 Allgemeines Gleichgewicht 12 General equilibrium 12 Welt 12 World 12 Balanced growth 11 Gleichgewichtiges Wachstum 11 International economy 9 Internationale Wirtschaft 9 Industrie 8 Manufacturing industries 8 Deutschland 7 EU countries 7
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Online availability
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Free 73 Undetermined 13
Type of publication
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Article 130 Book / Working Paper 109
Type of publication (narrower categories)
All
Article in journal 115 Aufsatz in Zeitschriften 115 Graue Literatur 100 Non-commercial literature 100 Working Paper 98 Arbeitspapier 96 Article in book 13 Aufsatz im Buch 13 Dissertation 4 Hochschulschrift 4 Thesis 4 Collection of articles written by one author 2 Sammlung 2 Amtsdruckschrift 1 Collection of articles of several authors 1 Government document 1 Mehrbändiges Werk 1 Multi-volume publication 1 Reprint 1 Sammelwerk 1
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Language
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English 228 French 4 German 2 Spanish 2 Undetermined 2 Polish 1
Persons
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Klump, Rainer 13 Growiec, Jakub 11 McAdam, Peter 10 Papageorgiou, Chris 10 Willman, Alpo 10 Cantore, Cristiano 8 León-Ledesma, Miguel A. 7 Nishimura, Kazuo 6 Venditti, Alain 6 Kokovin, Sergej G. 5 Zhelobodko, Evgeny 5 Bajona, Claustre 4 Bucci, Alberto 4 Feenstra, Robert C. 4 Ferroni, Filippo 4 Kehoe, Timothy Jerome 4 Levine, Paul 4 Miyagiwa, Kazuyuki 4 Shankar, Sriram 4 Stehrer, Robert 4 Thisse, Jacques-François 4 Antony, Jürgen 3 Borghans, Lex 3 Dimitz, Maria Antoinette 3 Drugeon, Jean-Pierre 3 Hassler, John 3 Herrendorf, Berthold 3 Herrington, Christopher 3 Iranzo, Susana 3 Krusell, Per 3 Luoma, Arto 3 Luoto, Jani 3 Malinvaud, Edmond 3 Mućk, Jakub 3 Nakamura, Hideki 3 Novy, Dennis 3 Olovsson, Conny 3 Parenti, Mathieu 3 Quiggin, John C. 3 Saam, Marianne 3
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Institutions
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Banco de España 1 Escola de Pós-Graduação em Economia <Rio de Janeiro> 1 European Central Bank 1 School of Economics, University of Kent 1 United States International Trade Commission / Office of Economics 1
Published in...
All
Working paper 11 Journal of macroeconomics 10 Discussion paper / Centre for Economic Policy Research 6 Journal of economic dynamics & control 5 Discussion papers 4 Economic theory 4 Economics letters 4 Macroeconomic dynamics 4 NBP working paper 4 Energy economics 3 Journal of economics 3 Journal of productivity analysis 3 Review of economic dynamics 3 The Scandinavian journal of economics 3 Working paper series 3 Applied economics 2 Basic research program working papers / National Research University, Higher School of Economics 2 Bulletin of economic research 2 CORE discussion papers : DP 2 CPB discussion paper 2 Collegium of Economic Analysis working paper series 2 Department of Economics working paper series 2 Discussion paper 2 Discussion paper series 2 Discussion papers in economics 2 Empirical economics : a journal of the Institute for Advanced Studies, Vienna, Austria 2 FIW working paper 2 Journal of economic growth 2 Journal of mathematical economics 2 Keio economic studies 2 Nota di lavoro 2 Staff report / Research Department, Federal Reserve Bank of Minneapolis 2 Série des documents de travail / Centre de Recherche en Économie et Statistique 2 The Japanese economic review : the journal of the Japanese Economic Association 2 Agricultural sector modelling and policy information systems : proceedings of the 65th European seminar of the European Association of Agricultural Economists (EAAE) ; March 29 - 31, 2000, Bonn, Germany 1 American economic journal : a journal of the American Economic Association 1 American journal of agricultural economics 1 Annales d'économie et de statistique 1 Annals of economics and statistics 1 Asian economic journal : journal of the East Asian Economic Association 1
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Sources
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ECONIS (ZBW) 234 RePEc 3 EconStor 2
Showing 1 - 50 of 239
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Factor-specific technology choice
Growiec, Jakub - 2017
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Distortions and the structure of the world economy
Caliendo, Lorenzo; Parro, Fernando; Tsyvinski, Aleh - 2017
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Beyond CES: three alternative classes of flexible homothetic demand systems
Matsuyama, Kiminori; Ushchev, Philip - 2017
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Normalized CES supply-side system approach : how to replicate Klump, McAdam, and Willman (Review of Economics and Statistics, 2007)
Daniels, Gerald Eric <Jr.>; Kakar, Venoo - 2017
This paper lays out a replication plan for the influential paper by Klump et al. (Factor Substitution and Factor-augmenting Technical Progress in the United States: a Normalized Supply-side System Approach, Review of Economics and Statistics, 2007) on using a normalized CES supply-side system...
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Isoelastic elasticity of substitution production functions$gJakub Growiec and Jakub Mućk
Growiec, Jakub; Mućk, Jakub - 2016
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The elasticity of factor substitution between capital and labor in the U.S. economy : a meta-regression analysis
Knoblach, Michael; Rößler, Martin; Zwerschke, Patrick - 2016
The elasticity of factor substitution between capital and labor is a crucial parameter in many economic fields. However, despite extensive research, there is no agreement on its value. Utilizing 738 estimates from 41 studies published between 1961 and 2016, this paper provides the first...
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Specialization vs competition : an anatomy of increasing returns to scale
Bucci, Alberto; Ushchev, Philip - 2016
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Endogenous labor share cycles : theory and evidence
Growiec, Jakub; Mućk, Jakub; McAdam, Peter - 2016
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Factor substitution and productivity in New Zealand
Steenkamp, Daan - 2016
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On the modeling of size distributions when technologies are complex
Growiec, Jakub - 2015
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Isoelastic elasticity of substitution production functions
Growiec, Jakub - 2015
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Isoelastic elasticity of substitution production functions
Growiec, Jakub; Mućk, Jakub - 2015
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Horizontal differentiation and economic growth under non–homotheticity
Bucci, Alberto; Matveenko, Vladimir - 2015
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Horizontal differentiation and economic growth under non-CES aggregate production function
Bucci, Alberto; Matveenko, Vladimir - In: Journal of economics 120 (2017) 1, pp. 1-29
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Monopolistic competition when income matters
Bertoletti, Paolo; Etro, Federico Gabriele - In: The economic journal : the journal of the Royal … 127 (2017) 603, pp. 1217-1243
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Technical change and the elasticity of factor substitution
Antony, Jürgen - 2014
This paper addresses the relationship between technical change and the elasticity of substitution between factors of production. It is shown how the elasticity within a CES production setting can change due to technical change. Technical change is interpreted in the spirit of horizontal...
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Real factor prices and factor-augmenting technical change
Irmen, Andreas - In: The B.E. journal of macroeconomics 14 (2014) 1, pp. 661-687
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Elasticity of substitution and the stagnation of Italian productivity
Federici, Daniela; Saltari, Enrico - In: Economics of innovation and new technology 25 (2016) 5/6, pp. 503-515
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Trade patterns and export pricing under non-CES preferences
Kichko, Sergey; Kokovin, Sergej G.; Zhelobodko, Evgeny - 2013
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A fiscal stimulus and jobless recovery
Cantore, Cristiano; Levine, Paul; Melina, Giovanni - 2013
We analyse the effects of a government spending expansion in a DSGE model with Mortensen-Pissarides labour market frictions, deep habits in private and public consumption, investment adjustment costs, a constant-elasticity-of-substitution (CES) production function, and adjustments in employment...
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The price of distance : producer heterogeneity, pricing to market, and geographic barriers
Kano, Kazuko; Kano, Takashi; Takechi, Kazutaka - 2013
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Interpreting the Hours-Technology time-varying relationship
Cantore, Cristiano; Ferroni, Filippo; Léon-Ledesma, Miguel - 2012
We investigate the time variation in the correlation between hours and technology shocks using a structural business cycle model. We propose an RBC model with a Constant Elasticity of Substitution (CES) production function that allows for capital- and labor-augmenting technology shocks. We...
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Interpreting the Hours-Technology time-varying relationship
Cantore, Cristiano; Ferroni, Filippo; León-Ledesma, … - School of Economics, University of Kent - 2012
We investigate the time variation in the correlation between hours and technology shocks using a structural business cycle model. We propose an RBC model with a Constant Elasticity of Substitution (CES) production function that allows for capital- and labor-augmenting technology shocks. We...
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The dynamics of hours worked and technology
Cantore, Cristiano; Ferroni, Filippo; León-Ledesma, … - Banco de España - 2012
We study the relationship between hours worked and technology during the postwar period in the US. We show that the responses of hours to technological improvements have increased over time, and that the patterns captured by the SVAR are consistent with those obtained from an RBC model with a...
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Non-balanced growth and production technology estimation
León-Ledesma, Miguel A.; McAdam, Peter; Willman, Alpo - 2012
Capital-labor substitution and TFP estimates are essential features of many economic models. Such models typically embody a balanced growth path. This often leads researchers to estimate models imposing stringent prior choices on technical change. We demonstrate that estimation of the...
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Interpreting the hours-technology time-varying relationship
Cantore, Cristiano; Ferroni, Filippo; León-Ledesma, … - 2012
We investigate the time variation in the correlation between hours and technology shocks using a structural business cycle model. We propose an RBC model with a Constant Elasticity of Substitution (CES) production function that allows for capital- and labor-augmenting technology shocks. We...
Preview
Preview
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Factor-augmenting technology choice and monopolistic competition
Growiec, Jakub - 2012
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The price of distance : producer heterogeneity, pricing to market, and geographic barriers
Kano, Kazuko; Kano, Takashi; Takechi, Kazutaka - 2012
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Substitution elasticities in a CES production framework : an empirical analysis on the basis of non-linear least squares estimations
Koesler, Simon; Schymura, Michael - 2012 - This version: January 2012
Effectiveness, cost-efficiency and distribution issues are crucial for any form of future regulation. This results in the need for reliable instruments to assess regulations ex ante. Elasticities are key parameters for such instruments. We consistently estimate substitution elasticities for a...
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Sectoral technology and structural transformation
Herrendorf, Berthold; Herrington, Christopher; … - 2012
This paper assesses the importance for structural transformation of three features of sectoral technology: labor-augmenting technological progress, capital intensity, and substitutability between capital and labor. We estimate CES production functions for agriculture, manufacturing, and services...
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Productivity and the product scope of multi-product firms : a test of Feenstra-Ma
Raff, Horst; Wagner, Joachim - 2012 - This version: December 7, 2012
Feenstra and Ma (2008) develop a monopolistic competition model where firms choose their optimal product scope by balancing the profits from a new variety against the costs of "cannibalizing" sales of existing varieties. While more productive firms always have a higher market share, there is no...
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Industry-level econometric estimates of energy-capital-labour substitution with a nested CES production function
Dissou, Yazid; Karnizova, Lilia; Sun, Qian - 2012
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Essays on economic modeling of climate change
Engström, Gustav - 2012
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Sectoral technology and structural transformation
Herrendorf, Berthold; Herrington, Christopher; … - In: American economic journal : a journal of the American … 7 (2015) 4, pp. 104-133
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Industry-level econometric estimates of energy-capital-labor substitution with a nested CES production function
Dissou, Yazid; Karnizova, Lilia; Sun, Qian - In: Atlantic economic journal : AEJ 43 (2015) 1, pp. 107-121
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Estimate of the elasticities of substitution of the CES and translog production functions in Tunisia
Helali, Kamel; Kalai, Maha - In: International journal of economics and business research 9 (2015) 3, pp. 245-253
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Product diversity, demand structures, and optimal taxation
Lewis, Vivien; Winkler, Roland - In: Economic inquiry : journal of the Western Economic … 53 (2015) 2, pp. 979-1003
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Productivity versus elasticity : a normalized constant elasticity of substitution production function applied to historical Soviet data
Nakamura, Yasushi - In: Applied economics 47 (2015) 52/54, pp. 5805-5823
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Measuring changes in the bilateral technology gaps between China, India and the U.S. 1979 - 2008
Shen, Keting; Wang, Jing; Whalley, John - 2015
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Substitution elasticities in a constant elasticity of substitution framework - empirical estimates using nonlinear least squares
Koesler, Simon; Schymura, Michael - In: Economic systems research : journal of the … 27 (2015) 1, pp. 101-121
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Production technology estimates and balanced growth
León-Ledesma, Miguel A.; McAdam, Peter; Willman, Alpo - In: Oxford bulletin of economics and statistics 77 (2015) 1, pp. 40-65
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Bayesian estimation of the CES production function with capital- and labour-augmenting technical change
Noda, Hideo; Kyo, Koki - In: Asian journal of management science and applications : AJMSA 2 (2015/16) 1, pp. 61-80
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CES technology and business cycle fluctuations
Cantore, Cristiano; Levine, Paul; Pearlman, Joseph; Yang, Bo - In: Journal of economic dynamics & control 61 (2015), pp. 133-151
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The normalized CES production function: theory and empirics
Klump, Rainer; McAdam, Peter; Willman, Alpo - 2011
The elasticity of substitution between capital and labor and, in turn, the direction of technical change are critical parameters in many fields of economics. Until recently, though, the application of production functions with non-unitary substitution elasticities (i.e., non Cobb Douglas) was...
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The normalized CES production function: theory and empirics
Klump, Rainer; McAdam, Peter; Willman, Alpo - European Central Bank - 2011
The elasticity of substitution between capital and labor and, in turn, the direction of technical change are critical parameters in many fields of economics. Until recently, though, the application of production functions with non-unitary substitution elasticities (i.e., non Cobb Douglas) was...
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The choice of CES production techniques and balanced growth
León-Ledesma, Miguel A.; Satchi, Mathan - 2011
We show that allowing firms a choice of CES production techniques (via the distribution parameter between capital and labor) can result in a new class of production functions that produces short-run capital-labor complementarity but yields a long-run unit elasticity of substitution. This is...
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Monopolistic competition in general equilibrium : beyond the CES
Zhelobodko, Evgeny (contributor);  … - 2011
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Monopolistic competition in general equilibrium : beyond the CES
Zhelobodko, Evgeny (contributor);  … - 2011
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A critique of the system estimation approach of normalized CES production functions
Luoma, Arto; Luoto, Jani - 2011
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A fiscal stimulus and jobless recovery
Cantore, Cristiano; Levine, Paul; Melina, Giovanni - In: The Scandinavian journal of economics 116 (2014) 3, pp. 669-701
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