Berechnung der Substitutions-Elastizität von Arbeit und Kapital in der koreanischen Industrie, um die Wahl einer arbeits- oder kapitalintensiven Produktionsweise besser abschätzen zu können. Ergebnis: In jedem Fall ist eine positive Substitutions-Elastizität vorhanden, die jedoch in...

This paper develops a new method for estimating production-function parameters that can be applied in differentiated-product industries with endogenous quality and variety choice. We take advantage of data on physical quantities of outputs and inputs from the Colombian manufacturing survey,...

This paper analyses the contribution of the renewable and non-renewable primary energy consumption per capita and the gross fixed capital formation per capita to sustainable economic growth using two models approximated by CES-type functions. Estimates are made by applying the TRANSLOG method....

This paper analyzes the effects of an unfunded pension system on economic growth using an extended overlapping generations model to include the informal sector. Emerging countries usually have a more significant informal sector than advanced ones. The findings based on the Thai economy data...