Steady-state growth and the elasticity of substitution

DOI10.1016/J.JEDC.2011.04.002zbMath1217.91119OpenAlexW2172157963MaRDI QIDQ550833

Andreas Irmen

Publication date: 13 July 2011

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2011.04.002

zbMATH Keywords

capital accumulationneoclassical growth modelelasticity of substitutiondirection of technical change

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (6)

Endogenous capital- and labor-augmenting technical change in the neoclassical growth model ⋮ On the analysis of endogenous growth models with a balanced growth path ⋮ Factor substitution is an engine of growth in a model with productive public expenditure ⋮ Endogenous labor share cycles: theory and evidence ⋮ Capital-labor substitution and long-run growth in a model with physical and human capital ⋮ Variable elasticity of substitution and economic growth in the neoclassical model

Cites Work

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• Extensive and intensive growth in a neoclassical framework
• Endogenous aggregate elasticity of substitution
• A cross-country empirical investigation of the aggregate production function specification
• Wages and productivity growth in a competitive industry
• Elasticity of substitution and growth: normalized CES in the diamond model
• Calibration of normalised CES production functions in dynamic models
• FACTOR SUBSTITUTION AND ECONOMIC GROWTH: A UNIFIED APPROACH
• A Class of Variable Elasticity of Substitution Production Functions
• Endogeneous technical change in a competitive economy

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