CAPITAL-ENERGY SUBSTITUTION AND MULTILEVEL CES PRODUCTION FUNCTION

被引：40
作者：
CHANG, KP [1 ]
机构：
[1] UNIV PENN,PHILADELPHIA,PA 19104
来源：
ENERGY ECONOMICS | 1994年 / 16卷 / 01期
关键词：
CAPITAL-ENERGY SUBSTITUTION; MULTILEVEL CES FUNCTION; DISTRIBUTION PARAMETERS;
D O I：
10.1016/0140-9883(94)90014-0
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper has clarified a misconception in Sato's multi-level CES production function, and used the function in testing for capital energy substitution in Taiwanese manufacturing. The empirical results show that capital and energy are substitutes, and the AES estimates differ little from those derived from the translog approximation.
引用
收藏
页码：22 / 26
页数：5
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