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Keywords: Production functions
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Journal Articles
Income and factor substitution: an investigation on the Solow growth model under the constant elasticity of substitution
Available to Purchase
Journal:
Journal of Economic Studies
Journal of Economic Studies (2022) 49 (3): 397–421.
Published: 12 March 2021
... production function by using the first-order Taylor series expansion and estimate them for each country group classified based on time-varying behavior of income per worker using the data-driven algorithm. Findings The ES is not unitary and varies among country groups. Developed countries generally have...
