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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 …
Persistent link: https://www.econbiz.de/10011444715
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 … substitute for electricity, but not for fossil fuels. Results also support the hypothesis of capital energy substitutability and …
Persistent link: https://www.econbiz.de/10014074816
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 …
Persistent link: https://www.econbiz.de/10013428329
Persistent link: https://www.econbiz.de/10003751829
Persistent link: https://www.econbiz.de/10001518309
Persistent link: https://www.econbiz.de/10001683586
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 … labour is relatively elastic to wage increases compared to the higher skill levels. Third, the substitutability is stronger …
Persistent link: https://www.econbiz.de/10014089754
Persistent link: https://www.econbiz.de/10013429609
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. …
Persistent link: https://www.econbiz.de/10013428202
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. …
Persistent link: https://www.econbiz.de/10011442393