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Technical change and the elasticity of factor substitution
Antony, Jürgen - 2014
This paper addresses the relationship between technical change and the elasticity of substitution between factors of … production. It is shown how the elasticity within a CES production setting can change due to technical change. Technical change … elasticity changes due to technical choices for each of them. …
Persistent link: https://www.econbiz.de/10010356689
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Indeterminacy in continuous-time two-sector models : an exposition
Nishimura, Kazuo; Venditti, Alain - In: Keio economic studies 42 (2005) 1/2, pp. 73-81
Persistent link: https://www.econbiz.de/10003369815
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Factor substitution and taxation in a finance constrained economy
Xue, Jianpo; Yip, Chong Kee - In: Journal of mathematical economics 55 (2014), pp. 101-112
Persistent link: https://www.econbiz.de/10011297072
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The elasticity of factor substitution between capital and labor in the U.S. economy : a meta-regression analysis
Knoblach, Michael; Rößler, Martin; Zwerschke, Patrick - 2016
The elasticity of factor substitution between capital and labor is a crucial parameter in many economic fields. However …, we estimate a long-run elasticity in the range of 0.6 to 0.7. For all estimated elasticities the hypothesis of a Cobb …
Persistent link: https://www.econbiz.de/10011541283
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Elasticity of substitution and technical progress : is there a misspecification problem?
Federici, Daniela; Saltari, Enrico - In: Macroeconomic dynamics 22 (2018) 1, pp. 101-121
Persistent link: https://www.econbiz.de/10011914957
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Production functions for climate policy modeling : an empirical analysis
Van der Werf, Edwin - In: Energy economics 30 (2008) 6, pp. 2964-2979
Persistent link: https://www.econbiz.de/10003776023
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Growth with perfect capital movements in CES : US debt dynamics and model estimation
Ziesemer, Thomas - 2005
Persistent link: https://www.econbiz.de/10003285879
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Production functions for climate policy modeling : an empirical analysis
Van der Werf, Edwin (contributor) - 2007
Quantitative models for climate policy modeling differ in the production structure used and in the sizes of the elasticities of substitution. The empirical foundation for both is generally lacking. This paper estimates the parameters of two-level CES production functions with capital, labour and...
Persistent link: https://www.econbiz.de/10003429544
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On intersectoral asymmetries in factors substitutability, "equilibrium production possibility frontiers" and the emergence of indeterminacies
Drugeon, Jean-Pierre - In: Journal of mathematical economics 44 (2008) 3/4, pp. 277-315
Persistent link: https://www.econbiz.de/10003709179
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Production functions for climate policy modeling : an empirical analysis
Van der Werf, Edwin (contributor) - 2007
Persistent link: https://www.econbiz.de/10003544712