Substitution elasticities with many inputs

被引：7

作者：

Thompson, H

机构：

[1] Department of Economics, Auburn University, Auburn

来源：

APPLIED MATHEMATICS LETTERS | 1997年 / 10卷 / 03期

关键词：

substitution; elasticity; bilateral; cross price; complementarity;

D O I：

10.1016/S0893-9659(97)00047-5

中图分类号：

O29 [应用数学];

学科分类号：

070104 ;

摘要：

Hicks-Alien elasticities of substitution describe the local convexity of isoquants when there are two inputs. This note reviews various approaches to reporting elasticities of substitution for pairs of inputs when there are many inputs. A bilateral elasticity is introduced which holds other inputs constant and performs better than Morishima and McFadden elasticities.

引用

页码：123 / 127

页数：5

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