Showing 1 - 10 of 26
Persistent link: https://www.econbiz.de/10003766798
We examine the two-level nested Constant Elasticity of Substitution production function where both capital and labor are disaggregated in two classes. We propose a normalized system estimation method to retrieve estimates of the inter- and intra-class elasticities of substitution and...
Persistent link: https://www.econbiz.de/10009380898
Persistent link: https://www.econbiz.de/10009533081
Persistent link: https://www.econbiz.de/10011373631
We examine the two-level nested Constant Elasticity of Substitution production function where both capital and labor are disaggregated in two classes. We propose a normalized system estimation method to retrieve estimates of the inter- and intra-class elasticities of substitution and factor...
Persistent link: https://www.econbiz.de/10013118952
We offer a macroeconomic assessment of China’s Reform Period, highlighting several neglected channels underlining its great expansion. Estimating the supply side of the post-Reform economy reveals the relatively high (above unity) value of the elasticity of factor substitution and the...
Persistent link: https://www.econbiz.de/10013315406
We offer a macroeconomic assessment of China’s Reform Period, highlighting several neglected channels underlining its great expansion. Estimating the supply side of the post-Reform economy reveals the relatively high (above unity) value of the elasticity of factor substitution and the...
Persistent link: https://www.econbiz.de/10011904381
Persistent link: https://www.econbiz.de/10013348576
Persistent link: https://www.econbiz.de/10001649248
Persistent link: https://www.econbiz.de/10003757074