Elasticity of substitution between public and private capital: evidence from manufacturing firms in Europe

DOI10.1016/J.ECONLET.2022.110780MaRDI QIDQ2083554zbMATH OpenOpenAlexFDO

Authors Zidong An, Feinan Zhang, Haibo Li

Publication date 11 October 2022

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2022.110780

zbMATH Keywords

production functionelasticity of substitutionpublic capitalcrowd-in effect

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38)

Recommendations

• Elasticity of substitution and productivity, capital and skill intensity differences across firms
• Input substitutability and cross-country variation in sectoral linkages
• The dynamic macroeconomic effects of public capital. Theory and evidence for OECD countries.
• Factor substitution is an engine of growth in a model with productive public expenditure
• Micro data and macro technology

Cited in

(3)

• Elasticity of substitution and productivity, capital and skill intensity differences across firms
• A formula for the elasticity of substitution of a large class of smooth utility functions
• A Test of the validity of Crowding-out (or- in) hypothesis: A new examination of link between public borrowing and private investment in Emerging Europe

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