A Cross-Country Estimation of the Elasticity of Substitution between Labor and Capital in Manufacturing Industries

Sebastian Claro

Latin American Journal of Economics-formerly Cuadernos de Economía, 2003, vol. 40, issue 120, 239-257

Abstract: This paper presents a simple methodology to estimate the elasticity of substitution between labor and capital for firms operating in perfectly competitive factor markets with constant-elasticity-of-substitution technologies. It is applied to a cross-count

Keywords: Elasticity of substitution; international technology differences (search for similar items in EconPapers)
JEL-codes: C13 D20 O14 (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (17)

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Working Paper: A Cross-Country Estimation of the Elasticity of Substitution between Labor and Capital in Manufacturing Industries (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:ioe:cuadec:v:40:y:2003:i:120:p:239-257

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Latin American Journal of Economics-formerly Cuadernos de Economía is currently edited by Raimundo Soto

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