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The elasticity of substitution and labor-saving innovations in the Spanish regions

Cutanda Tarin, Antonio - In: Estudios de economía 49 (2022) 2, pp. 123-144

This paper performs a nonlinear estimation of a normalized CES production function within a system of equations with a panel of Spanish regions for the period 1964-2013. It obtains an elasticity of substitution below one and identifies different rates of factor-augmenting technical progress. The...

Persistent link: https://www.econbiz.de/10013489800

Microeconomic theory of spinoff decisions

Ramamohan Rao, T. V. S. - In: International journal of applied behavioral economics : … 2 (2013) 4, pp. 36-51

Persistent link: https://www.econbiz.de/10010253621

Uncovering the link between the theoretical and probabilistic models of the global production function : a copula approach

Sánchez Vargas, Armando; Márquez-Estrada, José Manuel; … - In: Journal of quantitative economics 21 (2023) 2, pp. 289-315

Persistent link: https://www.econbiz.de/10014330245

The Elasticity of Substitution and Labor-Saving Innovations in the Spanish Regions

Cutanda Tarín, Antonio - 2023

Persistent link: https://www.econbiz.de/10014345326

Are ideas really getting harder to find? : R&D capital and the idea production function

Growiec, Jakub; McAdam, Peter; Mućk, Jakub - 2022

Persistent link: https://www.econbiz.de/10013188162

R&D capital and the idea production function

Growiec, Jakub; McAdam, Peter; Mućk, Jakub - 2023

Persistent link: https://www.econbiz.de/10014317548

Patent activity and technical change in US industries

McAleer, Michael (contributor); … - 2005

Description innovation is universally recognized as an important source of economic growth. Patents may be considered as a potential measure of innovation. As such, patents may alter isoquant maps, and measuring their elasticities is both intuitively and empirically appealing. This book...