The Elasticity of Factor Substitution Between Capital and Labor in the U.S. Economy: A Meta-Regression Analysis
The elasticity of factor substitution between capital and labor is a crucial parameter in many economic fields. However, despite extensive research, there is no agreement on its value. Utilizing 738 estimates from 41 studies published between 1961 and 2016, this paper provides the first meta-regress...
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Format: | Others |
Language: | English |
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Saechsische Landesbibliothek- Staats- und Universitaetsbibliothek Dresden
2016
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Online Access: | http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-210681 http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-210681 http://www.qucosa.de/fileadmin/data/qucosa/documents/21068/CEPIE_WP_03_2016-2.pdf |