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Factor Shares, the Price Markup, and the Elasticity of Substitution between Capital and Labor
elasticity of substitution price markup factor shares capital deepening
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2012/10/23
In a Walrasian labor market, the labor income share is constant under the assumptions of a Cobb-Douglas production function and perfect competition. Given the observed decline of the labor share in re...
AN EMPIRICAL NOTE ON THE ELASTICITY OF SUBSTITUTION BETWEEN LAND AND CAPITAL IN A MONOCENTRIC HOUSING MARKET
substitution production function marginal cost elasticity of substitution
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2011/9/17
Examines the model for the estimation of elasticity of substitution based on the constant elasticity of substitution production function. Change in the intensity of land use; Determination of the marg...
AN EMPIRICAL NOTE ON THE ELASTICITY OF SUBSTITUTION BETWEEN LAND AND CAPITAL IN A MONOCENTRIC HOUSING MARKET
constant elasticity substitution production function marginal cost
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2011/9/17
Examines the model for the estimation of elasticity of substitution based on the constant elasticity of substitution production function. Change in the intensity of land use; Determination of the marg...
AN EMPIRICAL NOTE ON THE ELASTICITY OF SUBSTITUTION BETWEEN LAND AND CAPITAL IN A
elasticity of substitution production function marginal cost
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2011/9/13
Examines the model for the estimation of elasticity of substitution based on the constant elasticity of substitution production function. Change in the intensity of land use; Determination of the marg...