On the Equivalence of Alternative Measures of the Elasticity of Substitution
Kathleen Segerson () and
Subhash Ray
Bulletin of Economic Research, 1989, vol. 41, issue 3, 207-12
Abstract:
This paper provides a necessary and sufficient condition for the equivalence of three alternative measures of the elasticity of factor substitution: the Allen-Uzawa partial elasticity; the shadow elasticity; and the general two-factor, two-price elasticity. Copyright 1989 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:bla:buecrs:v:41:y:1989:i:3:p:207-12
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