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CES production function: estimates of elasticity of substitution, returns to scale and technical progress in Australian manufacturing industries

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dc.contributor.authorMohammed Masih, Abul Mansur
dc.date.accessioned2018-11-05T11:30:50Z
dc.date.available2018-11-05T11:30:50Z
dc.date.issued1984
dc.description.abstractThis paper attempts to estimate (i) the elasticity of substitution between capital and labour (ii) returns to scale and (iii) Hicks-neutral disembodIed technical progress in Australian twelve (two digit) manufacturing industries as well as total manufacturing during the period 1968/69 through 1977/78. The method employed to derive the above estimates was the constant elasticity of substitution (C.E.S.) production function. Time series data have been used in that connection. Subject to the limitations of the study, the relative orders of magnitude of the estimates appear to be plausible.en_US
dc.identifier.citationMohammed Masih, Abul Mansur. (1984). CES production function: estimates of elasticity of substitution, returns to scale and technical progress in Australian manufacturing industries. Economic Analysis and Policy, 14 (1), pp. 30-46.en_US
dc.identifier.doidoi:10.1016/S0313-5926(84)50003-4
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/2979
dc.languageEnglish
dc.language.isoenen_US
dc.publisherElsevier B.V.en_US
dc.rights1984. Economic Society of Australia (Queensland) Inc.
dc.sourceSEDONA
dc.subjectElasticityen_US
dc.subjectCapitalen_US
dc.subjectLabouren_US
dc.subjectConstant elasticity of substitution (C.E.S.)en_US
dc.titleCES production function: estimates of elasticity of substitution, returns to scale and technical progress in Australian manufacturing industriesen_US
dc.typeJournal Articleen_US
dlc.maintopicConventional financeen_US
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.topic.maintopicConventional financeen_US
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