The elasticity of substitution measures the ease with which firms can switch between labour and capital in the production process and is central to understanding long-run growth trajectories, income ...
We estimate the upper-level elasticity of substitution between goods and services of a nested aggregate CES preference specification. We show how this elasticity can be derived from the long-run ...
Elasticity of substitution in energy systems quantifies the responsiveness of one input or energy carrier to changes in the relative cost or availability of another while maintaining a constant level ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results