In a two-sector endogenous growth model with two distinct CES technologies, higher elasticity of substitution raises income, capital share and growth, but the growth and share results hold only on one side of an arbitrary normalization point.
Elasticity of substitution and economic growt h: Some new results
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
citation-role summary
background 1
citation-polarity summary
fields
econ.TH 1years
2025 1verdicts
CONDITIONAL 1roles
background 1polarities
unclear 1representative citing papers
citing papers explorer
-
Elasticity of substitution and general model of economic growth
In a two-sector endogenous growth model with two distinct CES technologies, higher elasticity of substitution raises income, capital share and growth, but the growth and share results hold only on one side of an arbitrary normalization point.