Examples of 'elasticity of substitution' in a sentence
Meaning of "elasticity of substitution"
elasticity of substitution: Elasticity of substitution is an economic concept that measures the ease with which one input can be substituted for another in the production process without affecting output levels
How to use "elasticity of substitution" in a sentence
Basic
Advanced
elasticity of substitution
The inverse of elasticity of substitution is elasticity of complementarity.
This aggregator function exhibits constant elasticity of substitution.
Where µ is the elasticity of substitution between goods.
Which of these effects dominates depends on the magnitude of the elasticity of substitution.
Is the elasticity of substitution between capital and labor.
The estimated risk of automation augments the elasticity of substitution between capital and labour.
Is the elasticity of substitution between consumption and leisure.
This formulation imposes the restrictive assumption that all industries share a common elasticity of substitution.
The elasticity of substitution between goods.
The most prominent types are the Armington elasticity of substitution and import demand elasticity.
A lower elasticity of substitution was selected for the processing industries.
The CES production function is a neoclassical production function that displays constant elasticity of substitution.
The low elasticity of substitution between.
In the consumer sector, the answer depends on the elasticity of substitution between.
Some evidence on the elasticity of substitution between labour and capital.
See also
For example, the production function is assumed to have constant elasticity of substitution.
These might reflect the elasticity of substitution between capital.
The elasticity of substitution is closely related to the concept of cross-price elasticity.
Here again, the coefficients ai are share parameters, and s is the elasticity of substitution.
Why is the elasticity of substitution.
Different nests ( levels ) allow for the introduction of the appropriate elasticity of substitution.
Some evidence about the elasticity of substitution between labour and capital.
In this example, knitting mills and knit fabric mills have an elasticity of substitution of 2.
The fourth column is the elasticity of substitution followed by the market penetration variable.
Traditional cost functions include Cobb-Douglas and the constant elasticity of substitution models.
Is the elasticity of substitution between varieties, and.
It discusses the value of the payments, the pass-through effect and the elasticity of substitution.
It will be appropriate to see the unitary elasticity of substitution in Cobb-Douglas production function.
The model of the Requesting Parties relies on a single elasticity value - the elasticity of substitution.
Utility functions having constant elasticity of substitution ( CES ) are homothetic.
The elasticity of substitution ( η ), which is the first term and can be expressed as.
Parameter ρ is related to the elasticity of substitution as follows, σ σρ 1.
The elasticity of substitution is set at 7.5, as assumed by the CAW study.
To obtain more specific results, we focus on a constant elasticity of substitution ( CES ) utility function.
The estimated elasticity of substitution between capital and labor is 0.85.
Constant elasticity of substitution ( CES ) production function,.
You'll also be interested in:
Examples of using Substitution
Show more
Eradication and substitution of the illicit production of
Ensure easy access to opioid substitution therapy
Opioid substitution therapy was available in all cantons
Examples of using Elasticity
Show more
And you lose elasticity in your skin
Elasticity of revenues with respect to primary income l
Basics concepts of elasticity and strength of materials
