IDEAS home Printed from https://ideas.repec.org/p/ekd/000238/23800032.html
   My bibliography  Save this paper

Will the Marshall Laws of Derived Demand Stand Up? An Interpretation and Correction of Hicks´ Elasticity rules

Author

Listed:
  • Salah EL-SHEIKH

Abstract

No abstract is available for this item.

Suggested Citation

  • Salah EL-SHEIKH, 2008. "Will the Marshall Laws of Derived Demand Stand Up? An Interpretation and Correction of Hicks´ Elasticity rules," EcoMod2008 23800032, EcoMod.
    • Handle: RePEc:ekd:000238:23800032
    as

    Download full text from publisher

    File URL: http://www.ecomod.net/sites/default/files/document-conference/ecomod2008/529.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. M. Bronfenbrenner, 1961. "Notes On The Elasticity Of Derived Demand," Oxford Economic Papers, Oxford University Press, vol. 13(3), pages 254-261.
    2. repec:bla:econom:v:38:y:1971:i:150:p:192-98 is not listed on IDEAS
    3. Maurice, S Charles, 1972. "Long-Run Factor Demand in a Perfectly Competitive Industry," Journal of Political Economy, University of Chicago Press, vol. 80(6), pages 1271-1279, Nov.-Dec..
    4. Sakai, Yasuhiro, 1973. "An Axiomatic Approach to Input Demand Theory," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 14(3), pages 735-752, October.
    5. J. R. Hicks, 1963. "Distribution and Economic Progress," Palgrave Macmillan Books, in: The Theory of Wages, chapter 0, pages 112-135, Palgrave Macmillan.
    6. Ryuzo Sato & Tetsunori Koizumi, 1970. "Substitutability, Complementarity and the Theory of Derived Demand," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 37(1), pages 107-118.
    7. Wisecarver, Daniel, 1974. "The Social Costs of Input-Market Distortions," American Economic Review, American Economic Association, vol. 64(3), pages 359-372, June.
    8. Y. Mundlak, 1968. "Elasticities of Substitution and the Theory of Derived Demand," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 35(2), pages 225-236.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Harhoff, Dietmar, 1991. "R&D incentives and spillovers in a two-industry model," ZEW Discussion Papers 91-06, ZEW - Leibniz Centre for European Economic Research.
    2. Paul, Saumik, 2019. "A Decline in Labor's Share with Capital Accumulation and Complementary Factor Inputs: An Application of the Morishima Elasticity of Substitution," IZA Discussion Papers 12219, Institute of Labor Economics (IZA).
    3. Daniel J. Graham & Nigel Spence, 2000. "Manufacturing Employment Change, Output Demand, and Labor Productivity in the Regions of Britain," International Regional Science Review, , vol. 23(2), pages 172-200, April.
    4. Ma, Chunbo & Stern, David I., 2016. "Long-run estimates of interfuel and interfactor elasticities," Resource and Energy Economics, Elsevier, vol. 46(C), pages 114-130.
    5. Albert A. Okunade, 1999. "Will the real elasticity of substitution ‘in Norwegian dentistry’ please stand up?," Health Economics, John Wiley & Sons, Ltd., vol. 8(3), pages 221-232, May.
    6. Chirinko, Robert S. & Mallick, Debdulal, 2011. "The elasticity of derived demand, factor substitution, and product demand: Corrections to Hicks' formula and Marshall's Four Rules," Labour Economics, Elsevier, vol. 18(5), pages 708-711, October.
    7. Paul, Saumik, 2018. "Capital Skill Substitutability and the Labor Income Share: Identification Using the Morishima Elasticity of Substitution," ADBI Working Papers 839, Asian Development Bank Institute.
    8. Alarcón, Silverio, 2005. "Input Substitution in the Spanish Food Industry," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24487, European Association of Agricultural Economists.
    9. John Cawley & Stephanie von Hinke Kessler Scholder, 2013. "The Demand for Cigarettes as Derived from the Demand for Weight Control," NBER Working Papers 18805, National Bureau of Economic Research, Inc.
    10. Karney, Daniel H., 2016. "General equilibrium models with Morishima elasticities of substitution in production," Economic Modelling, Elsevier, vol. 53(C), pages 266-277.
    11. Ian W.H. Parry, 2002. "Environmental Taxes and Quotas in the Presence of Distorting Taxes in Factor Markets," Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 23, pages 429-446, Edward Elgar Publishing.
    12. Julian Augusto Casas Herrera & Jhancarlos Gutiérrez-Ayala, 2021. "Territorial Analysis of the Elasticities of Substitution of Production Factors in the Colombian Manufacturing Industry (1992–2018)," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 94, pages 223-255, Enero-Jun.
    13. Taylor, Timothy G. & Gupta, Gautam, 1990. "How Misleading Can Allen Elasticities Of Substitution Be?," 1990 Annual meeting, August 5-8, Vancouver, Canada 270855, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Stern, David I., 2010. "Derivation of the Hicks, or direct, elasticity of substitution using the input distance function," Economics Letters, Elsevier, vol. 108(3), pages 349-351, September.
    15. Clark, Kim B & Freeman, Richard B, 1980. "How Elastic is the Demand for Labor?," The Review of Economics and Statistics, MIT Press, vol. 62(4), pages 509-520, November.
    16. Debertin, David L., 2012. "Agricultural Production Economics, Second Edition," Monographs: Applied Economics, AgEcon Search, number 158319, November.
    17. Hammond, Christopher J., 1999. "The technology of library service provision: a cost function analysis of public library systems in the United Kingdom," Information Economics and Policy, Elsevier, vol. 11(3), pages 271-295, September.
    18. Peichl, Andreas & Popp, Martin, 2022. "Can the Labor Demand Curve Explain Job Polarization?," IAB-Discussion Paper 202221, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    19. Lynne, Gary D., 1978. "Issues And Problems In Agricultural Water Demand Estimation From Secondary Data Sources," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(2), pages 1-6, December.
    20. Jensen, Bjarne S. & Pedersen, Peder J. & Guest, Ross, 2022. "Demographic Changes, Labor Supplies, Labor Complementarities, Calendar Annual Wages of Age Groups, and Cohort Life Wage Incomes," IZA Discussion Papers 15127, Institute of Labor Economics (IZA).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekd:000238:23800032. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Theresa Leary (email available below). General contact details of provider: https://edirc.repec.org/data/ecomoea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.