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Published in 2017 at "Economic Modelling"
DOI: 10.1016/j.econmod.2017.01.024
Abstract: Sector-specific multifactor CES elasticities of substitution and the corresponding productivity growth are jointly measured by regressing the growth of per-factor cost shares against the growth of factor prices. We use linked input-output tables for Japan…
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Keywords:
general equilibrium;
ces general;
equilibrium models;
multifactor ces ... See more keywords