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Production Functions and Input Elasticities in the Construction of Low -Cost Housing.A Comparison of Building Firms in Pakistan with Firms in Five other Countries

Ehsan Ahmed
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Ehsan Ahmed: Michigan State University,

The Pakistan Development Review, 1981, vol. 20, issue 4, 417-425

Abstract: In this study, data relating to construction firms of five developing countries are analysed to explore the possibilities of substitution between capital and labour and between skilled and unskilled labour. The study concludes that, in general, both the elasticities are quite low.

Date: 1981
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Handle: RePEc:pid:journl:v:20:y:1981:i:4:p:417-425