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Books on the topic 'Elasticity of substitution'

Author: Grafiati

Published: 4 June 2021

Last updated: 3 March 2023

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1

Bodenstein, Martin. Trade elasticity of substitution and equilibrium dynamics. Washington, D.C: Federal Reserve Board, 2008.

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2

Gruber, Jonathan. A tax-based estimate of the elasticity of intertemporal substitution. Cambridge, Mass: National Bureau of Economic Research, 2006.

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3

Vissing-Jorgensen, Annette. Limited asset market participation and the elasticity of intertemporal substitution. Cambridge, MA: National Bureau of Economic Research, 2002.

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4

McDaniel, Christine A. A discussion on Armington trade substitution elasticities. Washington, DC: Office of Economics, U.S. International Trade Commission, 2002.

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5

Patterson, K. D. The intertemporal elasticity of substitution in consumption in the US and the UK. Reading: University of Reading, Department of Economics, 1992.

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6

Young, Alwyn. Paasche vs. Laspeyres: The elasticity of substitution and bias in measures of TFP growth. Cambridge, MA: National Bureau of Economic Research, 1998.

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7

Griffith, Daniel A. Simulating K=3 Christaller central place structures: An algorithm using a constant elasticity of substitution consumption function. [Ann Arbor, MI]: Institute of Mathematical Geography, Michigan Document Services, 1989.

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8

Abrego, Lisandro. Demand side considerations and the trade and wages debate. Cambridge, MA: National Bureau of Economic Research, 2000.

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9

Qian, Ying. Application of flexible functional forms to substitutability among metals in U.S. industries. Washington, DC: International Commodity Markets, International Economics Dept., World Bank, 1990.

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10

Bairam, Erkin. Technical progress, elasticity of substitution and returns to scale in branches of Soviet industry: Some new empirical evidence using Soviet republic data, 1961-74. Hull: University of Hull, 1986.

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11

Vamvakidis, Athanasios, and Antonio Spilimbergo. Real Effective Exchange Rate and the Constant Elasticity of Substitution Assumption. International Monetary Fund, 2000.

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12

Vamvakidis, Athanasios, and Antonio Spilimbergo. Real Effective Exchange Rate and the Constant Elasticity of Substitution Assumption. International Monetary Fund, 2000.

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13

Vamvakidis, Athanasios, and Antonio Spilimbergo. Real Effective Exchange Rate and the Constant Elasticity of Substitution Assumption. International Monetary Fund, 2000.

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14

Kreuser, Friedrich, Rulof Burger, and Neil Rankin. The elasticity of substitution and labour-displacing technical change in post-apartheid South Africa. UNU-WIDER, 2015. http://dx.doi.org/10.35188/unu-wider/2015/990-9.

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15

Bjørnskov, Christian. Social Trust and Economic Growth. Edited by Eric M. Uslaner. Oxford University Press, 2017. http://dx.doi.org/10.1093/oxfordhb/9780190274801.013.24.

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Abstract:

This chapter provides a selective survey of the literature on the association between social trust and economic growth. The chapter is divided into two main sections. The first section outlines the main theoretical arguments for how social trust could affect the long-run growth rate and economic performance of an economy. These theoretical mechanisms can work both directly or indirectly by affecting institutions, factor accumulation, and the elasticity of substitution. An overview of a set of relevant theoretical mechanisms also reveals that some only affect growth under specific conditions. The second section is devoted to reviewing the evidence of an empirical association. While the literature clearly supports a causal effect of trust on growth, the empirical section as well as the conclusions suggest a number of ways in which the field may move forward.

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16

Ovodenko, Alexander. Downstream Consumers and Climate Change Mitigation in the Airlines and Shipping Industries. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780190677725.003.0002.

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The chapter contrasts multilateral negotiations on energy efficiency in the airlines and shipping sectors to explain the importance of consumer demand in the politics of multilateral negotiations on climate change mitigation. Since the analysis focuses on how governments have handled the same issue over the same time span but across two different sectors, both of which are oligopolistic, it is possible to isolate the impacts of downstream markets on the politics of emissions mitigation. The research design examines the impacts of price elasticity, product substitution, and asset requirements among consumers on the economics of emissions mitigation, referencing the differential outcomes in the multilateral negotiations. The findings show that consumer preferences in the airlines industry have made the economics of emissions mitigation unfavorable for building large coalitions in support of global regulation, in contrast to the more traditional coalitions formed around maritime emissions.

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17

Jappelli, Tullio, and Luigi Pistaferri. The Age Profile of Consumption and Wealth. Oxford University Press, 2017. http://dx.doi.org/10.1093/acprof:oso/9780199383146.003.0002.

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The life-cycle model yields a number of important empirical predictions about consumption and saving behavior. First, the growth rate of consumption depends on the difference between the expected real interest rate and the rate of time preference and varies with the elasticity of intertemporal substitution. Second, individuals seek to smooth the marginal utility of consumption over time. Third, young consumers should be accumulating resources for retirement, and hence have an adequate level of wealth at retirement. Finally, the elderly should be decumulating resources. To test these predictions, one can draw on a vast array of data on interest rates, consumption, income, and wealth. Some come from time series and national accounts, others from cross-sectional or longitudinal surveys of households. This chapter introduces stylized facts that emerge from a first examination of such data, pointing out the merits but also the drawbacks of the available sources.

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