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CAPITAL-LABOUR SUBSTITUTION AND SLOWDOWN IN SOVIET ECONOMIC GROWTH: A RE-EXAMINATION.

Authors :
Bairam, Erkin
Source :
Bulletin of Economic Research; Jan1990, Vol. 42 Issue 1, p63, 10p, 4 Charts
Publication Year :
1990

Abstract

This paper tests aggregate Variable Elasticity of Substitution production functions for the Soviet economy. The estimated equations show that the elasticity of substitution is less than unity and is decreasing quite rapidly. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
03073378
Volume :
42
Issue :
1
Database :
Complementary Index
Journal :
Bulletin of Economic Research
Publication Type :
Academic Journal
Accession number :
4522771
Full Text :
https://doi.org/10.1111/j.1467-8586.1990.tb00292.x