Skip navigation
Skip navigation

Elasticities of substitution and complementarity

Stern, David

Description

This paper develops a classification scheme of the many different definitions of elasticities of substitution and complementarity in the production case based on primal and dual representations of technology and their related direct and inverse demand functions, gross and net substitution, elasticity type, and three different basic concepts of substitution and complementarity. The ten elasticities of substitution are derived from the cost, profit, input distance, and revenue functions. All the...[Show more]

CollectionsANU Research Publications
Date published: 2010
Type: Journal article
URI: http://hdl.handle.net/1885/63306
Source: Journal of productivity analysis
DOI: 10.1007/s11123-010-0203-1

Download

File Description SizeFormat Image
01_Stern_Elasticities_of_substitution_2010.pdf338.88 kBAdobe PDF    Request a copy


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  23 August 2018/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator