Factor substitution in production in industrialized and less developed countries (English)

The paper develops and estimates a simple transcendental logarithmic model of production for three developing countries. The hypothesis of separability of imported inputs from the primary factors is tested and rejected, and estimates of the substitution elasticities are calculated. The results, combined with those from the related literature, show that the factor substitution patterns are systematically different in developed and developing countries...

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Author

Demekas, Dimitris G.;

Klinov,Ruth;
Document Date
1987/05/01
Document Type
Departmental Working Paper
Report Number
DRD288
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2013/06/10
Disclosure Status
Disclosed
Doc Name
Factor substitution in production in industrialized and less developed countries
Keywords
industrialized country

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Demekas, Dimitris G.; Klinov,Ruth.

Factor substitution in production in industrialized and less developed countries (English). Development Research Department discussion paper ; no. DRD 288 Washington DC : World Bank. http://documents.worldbank.org/curated/en/450381468342847904

Factor substitution in production in industrialized and less developed countries (English)

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