Capital-labor substitution, sector-specific externalities and indeterminacy [electronic resource] /...
Capital-labor substitution, sector-specific externalities and indeterminacy [electronic resource] / Nopphawan Photphisutthiphong and Mark Weder.
About this item
Full title
Author / Creator
Publisher
[Adelaide] : University of Adelaide, School of Economics, 2009.
Date
2009.
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MMS ID
Language
English
Formats
Publication information
Publisher
[Adelaide] : University of Adelaide, School of Economics, 2009.
Series
Place of Publication
South Australia
Date Published
2009.
Subjects
More information
Scope and Contents
Summary
This paper examines the effect of the elasticity of technological substitution on the existence of equilibrium indeterminacy in two-sector economies. Recent empirical evidence, the elasticity of substitution between capital and labor is below unity. We find that this requires a higher degree of productive externalities in order to still be able to...
Alternative Titles
Full title
Capital-labor substitution, sector-specific externalities and indeterminacy [electronic resource] / Nopphawan Photphisutthiphong and Mark Weder.
Authors, Artists and Contributors
Author / Creator
Author / Artists
Notes
General note
Research paper / University of Adelaide, School of Economics ; no. 2009-36.
Title from title screen (viewed on Sept. 13, 2011)
"December 11, 2009".
Includes bibliographical references (p. 14-15)
System details note
Mode of access: Internet via World Wide Web. Address as at 13/09/2011: http://www.economics.adelaide.edu.au/research/papers/
System requirements: Adobe Acrobat reader to access the document in PDF.
Contextual Information
Other version (online)
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Primary Identifiers
Record Identifier
74VvKBBG0gvA
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/74VvKBBG0gvA
Other Identifiers
DDC
331
MMS ID
991007960059702626
