Aggregate elasticity of substitution and economic development.

Hui, Chun Piu.Thesis (M.Phil.)--Chinese University of Hong Kong, 2011.Includes bibliographical references (leaves 84-85).Abstracts in English and Chinese.Chapter 1. --- Introduction --- p.1Chapter 2. --- Literature Review --- p.4Chapter 3. --- Model --- p.8Chapter 4. --- Special Cases --- p.12Chapter 4.1. --- Case (1) σ1 = σ2 --- p.12Chapter 4.2. --- Case (2) σ1 + σ2 =2φ or σ1+ σ2 =2 --- p.17Chapter 4.3. --- Case (3) σ1 = φ = 1 --- p.20Chapter 4.4. --- Case (4) σ2 = φ = 1 --- p.23Chapter 4.5. --- Summary of four special cases --- p.25Chapter 5. --- Eight Regions --- p.26Chapter 5.1. --- Region I: (σ1 > σ2 > φ) --- p.26Chapter 5.2. --- Region II: (σ2 > σ1> φ) --- p.27Chapter 5.3. --- Region III: (σ2 > φ > σ1 and σ1+σ2 >2) --- p.28Chapter 5.4. --- Region IV: (σ2 > φ >σ1 and σ1+σ2 σ2 >σ1) --- p.30Chapter 5.6. --- Region VI: (φ> σ1 > σ2) --- p.32Chapter 5.7. --- Region VII: (σ1 > φ >σ2 and 2>σ1+σ2) --- p.33Chapter 5.8. --- Region VIII: (σ1 > φ> σ2 and σ1+σ2>2) --- p.34Chapter 5.9. --- Summary of eight regions --- p.34Chapter 6. --- Testing for φ=0.5 and 2 --- p.36Chapter 6.1 --- φ= 0 . 5 --- p.36Chapter 6.2 --- φ = 2 --- p.38Chapter 7. --- Does factor intensity affect the previous results? --- p.40Chapter 8. --- Equal weights on intermediate goods --- p.41Chapter 9. --- AES and unbounded growth --- p.43Chapter 7. --- Conclusion --- p.45Appendix --- p.48References --- p.8