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In this paper, substitutional relationships between capital, labour, material, electricity, and fossil fuels in German … the Morishima elasticity of substitution, labour and capital are substitutes in all sectors. Labour is generally a …
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1978 to 1990. Using a quadratic cost function, six production factors are distinguished : capital, energy, three types of … labour and intermediate materials. A parametric test of the concavity of the cost function in prices is provided and price … and medium skilled labour than any other pairs of inputs. …
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studies analyzing the relative capital-skill complementarity hypothesis formulated by GRILICHES (1969). According to this … hypothesis, the degree of substitutability between skilled labor and capital is lower than that for unskilled labor and capital …
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shown that complex patterns of substitution between capital and different types of labour emerge, which depend on the stage … skilled labour has risen. The econometric investigation of labour demand, based on the translog production function, reveals … current stage of transition subsidising labour might be more effective for creating jobs in East Germany than promoting R …
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