In this paper, we estimate a translog production function for Major League Baseball (MLB) teams that uses factor inputs for hitting, pitching and defence over the 1960-2024 MLB seasons. The computed elasticities of substitution suggest that hitting and pitching are used in fixed proportions,...

We pioneer the estimation of technological progress parameters for Russia in the framework of the neoclassical theory. Implementing the CES production function (CES PF hereafter) as an instrument of output description, we construct a system of cointegrated time series which guarantee no spurious...

This paper presents the first comprehensive meta-analysis of the elasticity of substitution between native and immigrant labor. Drawing on 1,091 estimates from 41 studies, we examine whether immigrants and natives compete in the same labor markets, and to what extent published estimates are...

This paper advances our understanding of the transformative role of innovation in labor share dynamics over recent decades of rapid technological evolution. We introduce a novel methodology to disentangle the direction and substitution effects of technological change, drawing on comprehensive...

This paper investigates structural change driven by sectoral differences in the elasticity of substitution (ES). While existing literature successfully replicates empirical patterns using complex numerical simulations, the underlying mechanisms often remain opaque. To provide clear theoretical...

This paper provides one of the first estimates of elasticities of substitution across suppliers within the same product. This paper estimates these elasticities using new real-time administrative tax data on firm-to-firm transactions, with product-level prices and quantities, leveraging...

We document and dissect a new stylized fact about firm growth: the shift from labor to intermediate inputs. This shift occurs in input quantities, cost and output shares, and output elasticities. We establish this fact using German firm-level data and replicate it in administrative firm data...

There is widespread concern that climate policy is moving too slowly and that decarbonization of economic development is coming too late for effective climate protection. We analyze three different effects that emerge endogenously during decarbonization and amplify current policies: growing...

This paper examines the extent to which aggregate-level de-routinization can be attributed to firm-level technology adoption during the most recent technological expansion. We use administrative data and a novel firm survey to distinguish frontier technologies from older technologies. We find...

This paper examines the extent to which aggregate-level de-routinization can be attributed to firm-level technology adoption during the most recent technological expansion. We use administrative data and a novel firm survey to distinguish frontier technologies from older technologies. We find...

We document and dissect a new stylized fact about firm growth: the shift from labor to intermediate inputs. This shift occurs in input quantities, cost and output shares, and output elasticities. We establish this fact using German firm-level data and replicate it in administrative firm data...

This paper proposes new inverse data envelopment analysis (DEA) models considering input and output efficiency measures for the time substitution problem. We compare our DEA model with existing models in the literature. We show that existing models in the literature overestimate the required...

We document and dissect a new stylized fact about firm growth: the shift from labor to intermediate inputs. This shift occurs in input quantities, cost and output shares, and output elasticities. We establish this fact using German firm-level data and replicate it in administrative firm data...

I estimate a nested CES production function for 9 European countries over 1996- 2020 using EU KLEMS data, distinguishing between information and communication technologies (ICT), intellectual property (IP) capital, and traditional capital. I assume that the aggregate output is produced using...

This paper provides evidence of capital-labor substitution in the production of religious goods. Using data on church attendance, tithing, and income from the U.S. Congregational Life Survey, I show that (A) the labor input to religious production (as measured by attendance at formal church...

We develop a model of endogenous skill-biased technical change in developing countries. The endogenous response to a rise in skill supply counters the traditional substitution effect and dampens its role in reducing wage inequality. The model re-enforces consensus estimates of the elasticity of...

This paper examines the nonlinear propagation of sectoral productivity shocks in a general equilibrium framework with intersectoral linkages characterized by allowing elasticities of substitution in sectoral outputs and sectoral productivities to vary across sector pairs. Evidence based on a...