Showing 1 - 10 of 13
This paper elaborates on a method of measuring regional specialization and examines the trend of regional specialization in China, 1987 - 2007. It constructs a simple coefficient incorporating the effect of regional industrial scale, based on location quotients, and then measures the regional...
Persistent link: https://www.econbiz.de/10009360267
Because of policy relevance of regional input-output analysis, a vast literature on the construction of regional input-output tables has emerged in the recent past, especially on the non-survey and hybrid methods. Although, construction of regional input-output tables is not new in India, but...
Persistent link: https://www.econbiz.de/10009207089
Tastes and technology are the ultimate givens of standard economics. Their interaction is mediated by the marginal principle. This approach is unsuitable to explain the nature and magnitude of overall profits and their distribution within the business sector. The present paper therefore takes a...
Persistent link: https://www.econbiz.de/10009325567
substitution models of Peterka and Marchetti-Nakiæenoviæ are presented. In the second section, we describe an evolutionary model of …
Persistent link: https://www.econbiz.de/10008536054
, introduction of minimum prices and substitution of low-quality drinks with high-quality food and drinks were to be employed, and if …
Persistent link: https://www.econbiz.de/10008552796
As is the case with capital-energy substitution, interfuel substitutability has been of longstanding interest to the …. This paper fills this gap by analyzing a broad sample of studies of interfuel substitution in the industrial sector … for the shadow elasticity of substitution between coal, oil, gas, and electricity for forty-five primary studies show that …
Persistent link: https://www.econbiz.de/10005055490
The Hicks or direct elasticity of substitution is traditionally derived from the production function. This paper … Shadow Elasticity of Substitution. The new elasticity is more general than the traditional one as it can handle situations of … Complementarity in the same way that the Shadow Elasticity of Substitution is related to the Morishima and Allen-Uzawa Elasticities of …
Persistent link: https://www.econbiz.de/10005616772
) confirm the existence of the substitution effect between these loans. Restrictive monetary policy leads to a decrease in …
Persistent link: https://www.econbiz.de/10005619336
substitution of capital for labour in almost all states. In the pre-globalization period the industries experienced increasing …
Persistent link: https://www.econbiz.de/10005619394
This paper develops a classification scheme of the many different definitions of elasticities of substitution and … complementarity in the production case based on duality, gross and net substitution, elasticity type, and four different basic … concepts of substitution and complementarity is developed. The classic Berndt-Wood dataset is used to show how the various …
Persistent link: https://www.econbiz.de/10005620043