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The empirical assessment of technology differences : comparing the comparable
Frondel, Manuel; Schmidt, Christoph M. - 2002
This paper compares technologies across space and time on the basis of factual and counterfactual substitution elasticities and argues that differences in estimated substitution elasticities should be decomposed into two counterfactual components. While the first component is designed to...
Persistent link: https://www.econbiz.de/10011447707
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The Empirical Assessment of Technology Differences : Comparing the Comparable
Frondel, Manuel; Schmidt, Christoph M. - 2015
This paper compares technologies across space and time on the basis of factual and counterfactual substitution elasticities and argues that differences in estimated substitution elasticities should be decomposed into two counterfactual components. While the first component is designed to...
Persistent link: https://www.econbiz.de/10014088505
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Rejecting capital-skill complementarity at all costs
Frondel, Manuel; Schmidt, Christoph M. - 2001
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as … substitutability. The standard approach reflecting this idea is a translog specification – this is also the approach used by numerous … hypothesis, the degree of substitutability between skilled labor and capital is lower than that for unskilled labor and capital …
Persistent link: https://www.econbiz.de/10010297764
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Rejecting Capital-Skill Complementarity at all Costs
Frondel, Manuel; Schmidt, Christoph M. - 2001
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as … substitutability. The standard approach reflecting this idea is a translog specification – this is also the approach used by numerous … hypothesis, the degree of substitutability between skilled labor and capital is lower than that for unskilled labor and capital …
Persistent link: https://www.econbiz.de/10010262521
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Rejecting capital-skill complementarity at all costs
Frondel, Manuel; Schmidt, Christoph M. - 2001
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as … substitutability. The standard approach reflecting this idea is a translog specification - this is also the approach used by numerous … hypothesis, the degree of substitutability between skilled labor and capital is lower than that for unskilled labor and capital …
Persistent link: https://www.econbiz.de/10011446167
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Rejecting capital-skill complementarity at all costs
Frondel, Manuel; Schmidt, Christoph M. - 2001
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as … substitutability. The standard approach reflecting this idea is a translog specification - this is also the approach used by numerous … hypothesis, the degree of substitutability between skilled labor and capital is lower than that for unskilled labor and capital …
Persistent link: https://www.econbiz.de/10011402402
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The empirical assessment of technology differences : comparing the comparable
Frondel, Manuel; Schmidt, Christoph M. - In: The review of economics and statistics 88 (2006) 1, pp. 186-192
Persistent link: https://www.econbiz.de/10003310722
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The empirical assessment of technology differences : comparing the comparable
Frondel, Manuel - 2002
Persistent link: https://www.econbiz.de/10013428506
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The empirical assessment of technology differences: comparing the comparable
Schmidt, Christoph M.; Frondel, Manuel - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2002
This paper compares technologies across space and time on the basis of factual and counterfactual substitution elasticities and argues that differences in estimated substitution elasticities should be decomposed into two counterfactual components. While the first component is designed to...
Persistent link: https://www.econbiz.de/10005097658
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Rejecting Capital-Skill Complementarity at All Costs
Frondel, Manuel; Schmidt, Christoph M. - 2021
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as … substitutability. The standard approach reflecting this idea is a translog specification - this is also the approach used by numerous … hypothesis, the degree of substitutability between skilled labor and capital is lower than that for unskilled labor and capital …
Persistent link: https://www.econbiz.de/10013320921