Add to ORKGThe Hicks or direct elasticity of substitution is traditionally derived from the production function. This paper exploits duality theory to present a more general derivation from the input distance function, which is exactly dual to the Shadow Elasticity of Substitution. The new elasticity is more general than the traditional one as it can handle situations of technical inefficiency, non-separability between inputs and outputs, and multiple outputs, but is equal to the traditional elasticity under the classical conditions. The new derivation is related to the Morishima and Antonelli Elasticities of Complementarity in the same way that the Shadow Elasticity of Substitution is related to the Morishima and Allen-Uzawa Elasticities of Substitut...
For each production or utility function, we can define the corresponding elasticities of substitutio...
For each production or utility function, we can define the corresponding elasticities of substitutio...
AbstractHicks-Allen elasticities of substitution describe the local convexity of isoquants when ther...
The Hicks or direct elasticity of substitution is traditionally derived from the production function...
The Hicks or direct elasticity of substitution is traditionally derived from the production function...
The Hicks or direct elasticity of substitution is traditionally derived from the production function...
I derive a new symmetric elasticity of complementarity from the input distance function by imposing ...
textabstractThis paper argues that the conventional definition of the elasticity of complementarity ...
This paper develops a classification scheme of the many different definitions of elasticities of sub...
We derive the relationships between the net and gross elasticities of substitution and complementari...
This paper develops a classification scheme of the many different definitions of elasticities of sub...
This paper develops a classification scheme of the many different definitions of elasticities of sub...
ANY economist who has worked on the theories of production function, growth, and technical progress ...
For each production or utility function, we can define the corresponding elasticities of substitutio...
For each production or utility function, we can define the corresponding elasticities of substitutio...
For each production or utility function, we can define the corresponding elasticities of substitutio...
For each production or utility function, we can define the corresponding elasticities of substitutio...
AbstractHicks-Allen elasticities of substitution describe the local convexity of isoquants when ther...
The Hicks or direct elasticity of substitution is traditionally derived from the production function...
The Hicks or direct elasticity of substitution is traditionally derived from the production function...
The Hicks or direct elasticity of substitution is traditionally derived from the production function...
I derive a new symmetric elasticity of complementarity from the input distance function by imposing ...
textabstractThis paper argues that the conventional definition of the elasticity of complementarity ...
This paper develops a classification scheme of the many different definitions of elasticities of sub...
We derive the relationships between the net and gross elasticities of substitution and complementari...
This paper develops a classification scheme of the many different definitions of elasticities of sub...
This paper develops a classification scheme of the many different definitions of elasticities of sub...
ANY economist who has worked on the theories of production function, growth, and technical progress ...
For each production or utility function, we can define the corresponding elasticities of substitutio...
For each production or utility function, we can define the corresponding elasticities of substitutio...
For each production or utility function, we can define the corresponding elasticities of substitutio...
For each production or utility function, we can define the corresponding elasticities of substitutio...
AbstractHicks-Allen elasticities of substitution describe the local convexity of isoquants when ther...