Input substitution and relative input price variability in timber markets
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DOI: 10.1139/cjfr-2020-0338
Abstract: Timbers of multiple tree species and sizes are often traded in a single market. Some previous studies have empirically examined their price interdependences, but the drivers of such relationships r... read more here.
Keywords: substitution relative; input substitution; input; price ... See more keywords
Economic elasticities of input substitution using data envelopment analysis
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DOI: 10.1371/journal.pone.0220478
Abstract: The use of elasticities of substitution between inputs is a standard method for addressing the effect of a change in the mix of inputs used for production from a technical or cost standpoint. Most estimation… read more here.
Keywords: input substitution; envelopment analysis; data envelopment; elasticities input ... See more keywords