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The Structure of Technology over Time: A Model for Testing the "Putty-Clay" Hypothesis

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  • Fuss, Melvyn A

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  • Fuss, Melvyn A, 1977. "The Structure of Technology over Time: A Model for Testing the "Putty-Clay" Hypothesis," Econometrica, Econometric Society, vol. 45(8), pages 1797-1821, November.
    • Handle: RePEc:ecm:emetrp:v:45:y:1977:i:8:p:1797-1821
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    Cited by:

    1. Lasserre, P., 1982. "Exhaustible-Resource Extraction with Capital," Cahiers de recherche 8208, Universite de Montreal, Departement de sciences economiques.
    2. Hiroyuki Kasahara, 2003. "Technology Adoption Under Relative Factor Price Uncertainty: The Putty-clay Investment Model," Working Paper 1014, Economics Department, Queen's University.
    3. Michael Knoblach & Fabian Stöckl, 2020. "What Determines The Elasticity Of Substitution Between Capital And Labor? A Literature Review," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 847-875, September.
    4. Joel C. Gibbons, 1984. "Energy Prices and Capital Obsolescence: Evidence from the Oil Embargo Period," The Energy Journal, , vol. 5(1), pages 29-44, January.
    5. Ryan Michaels & David Ratner & Michael Elsby, 2016. "Vacancy Chains," 2016 Meeting Papers 753, Society for Economic Dynamics.
    6. Lars Jonung, 2005. "Proceedings of the 2004 first annual DG ECFIN research conference on “Business Cycles and Growth in Europeâ€," European Economy - Economic Papers 2008 - 2015 227, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    7. Shaffer, Sherrill & Spierdijk, Laura, 2020. "Measuring multi-product banks’ market power using the Lerner index," Journal of Banking & Finance, Elsevier, vol. 117(C).
    8. Steinbuks, Jevgenijs & Neuhoff, Karsten, 2014. "Assessing energy price induced improvements in efficiency of capital in OECD manufacturing industries," Journal of Environmental Economics and Management, Elsevier, vol. 68(2), pages 340-356.
    9. Michelle Turnovsk & Michael Folie & Alistair Ulph, 1982. "Factor Substitutability in Australian Manufacturing with Emphasis on Energy Inputs," The Economic Record, The Economic Society of Australia, vol. 58(1), pages 61-72, March.
    10. Dale W. Jorgenson, 1991. "Productivity and Economic Growth," NBER Chapters, in: Fifty Years of Economic Measurement: The Jubilee of the Conference on Research in Income and Wealth, pages 19-118, National Bureau of Economic Research, Inc.
    11. Simon Koesler & Michael Schymura, 2015. "Substitution Elasticities In A Constant Elasticity Of Substitution Framework - Empirical Estimates Using Nonlinear Least Squares," Economic Systems Research, Taylor & Francis Journals, vol. 27(1), pages 101-121, March.
    12. Pardo Martínez, Clara Inés, 2013. "An analysis of eco-efficiency in energy use and CO2 emissions in the Swedish service industries," Socio-Economic Planning Sciences, Elsevier, vol. 47(2), pages 120-130.
    13. Chao Wei, 2003. "Energy, the Stock Market, and the Putty-Clay Investment Model," American Economic Review, American Economic Association, vol. 93(1), pages 311-323, March.
    14. Ishise, Hirokazu, 2016. "Capital heterogeneity as a source of comparative advantage: Putty-clay technology in a ricardian model," Journal of International Economics, Elsevier, vol. 99(C), pages 223-236.
    15. Patrick Francois & Huw Lloyd-Ellis, 2004. "Investment Cycles," Macroeconomics 0405005, University Library of Munich, Germany, revised 05 May 2004.
    16. Rajagopal, Deepak & Zilberman, David, 2013. "On market-mediated emissions and regulations on life cycle emissions," Ecological Economics, Elsevier, vol. 90(C), pages 77-84.
    17. Richard E. Just & Rulon D. Pope, 2012. "Cost Function Estimation with Proportional Errors in Variables," International Econometric Review (IER), Econometric Research Association, vol. 4(2), pages 59-81, September.
    18. Lawrence J. Lau & Barry K. Ma, 1986. "Choice of Technique in a Putty-Clay Model of Production," Eastern Economic Journal, Eastern Economic Association, vol. 12(3), pages 321-326, Jul-Sep.
    19. Clark, J. Stephen & Klein, Kurt K. & Kerr, William A., 2003. "Fundamental And Induced Biases In Technological Change In Central Canadian Agriculture," 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa 25874, International Association of Agricultural Economists.
    20. Harchaoui, Tarek M. & Lasserre, Pierre, 1995. "Testing the impact of taxation on capacity choice: A 'putty clay' approach," Journal of Public Economics, Elsevier, vol. 56(3), pages 377-411, March.
    21. Martino Pelli & Jeanne Tschopp & Natalia Bezmaternykh & Kodjovi M Eklou, 2020. "In the Eye of the Storm: Firms, Putty-Clay and Capital Destruction," Diskussionsschriften dp2012, Universitaet Bern, Departement Volkswirtschaft.

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