Showing 1 - 2 of 2
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as substitutability. The standard approach reflecting this idea is a translog specification - this is also the approach used by numerous studies analyzing the relative capital-skill...
Persistent link: https://www.econbiz.de/10013428406
Persistent link: https://www.econbiz.de/10013428506