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Factor Substitution and Factor Augmenting Technical Progress in the US: A Normalized Supply-Side System Approach

Citations

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Cited by:

  1. Hing-Man Leung, 2007. "“Un-balanced” Economic Growth," Working Papers 12-2007, Singapore Management University, School of Economics.
  2. Takeuchi, Fumihide, 2023. "Intermediate goods-skill complementarity and income distribution," MPRA Paper 116372, University Library of Munich, Germany.
  3. Sánchez, Marcelo, 2010. "Wage restraint and monetary union," Economic Modelling, Elsevier, vol. 27(1), pages 134-142, January.
  4. Miguel A. León-Ledesma & Peter McAdam & Alpo Willman, 2015. "Production Technology Estimates and Balanced Growth," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 77(1), pages 40-65, February.
  5. Jakub Growiec & Anna Pajor & Dorota Gorniak & Artur Predki, 2015. "The shape of aggregate production functions: evidence from estimates of the World Technology Frontier," Bank i Kredyt, Narodowy Bank Polski, vol. 46(4), pages 299-326.
  6. Manuel García‐Santana & Josep Pijoan‐Mas & Lucciano Villacorta, 2021. "Investment Demand and Structural Change," Econometrica, Econometric Society, vol. 89(6), pages 2751-2785, November.
  7. Brada, Josef C., 2013. "The distribution of income between labor and capital is not stable: But why is that so and why does it matter?," Economic Systems, Elsevier, vol. 37(3), pages 333-344.
  8. Growiec, Jakub & Mućk, Jakub, 2020. "Isoelastic Elasticity Of Substitution Production Functions," Macroeconomic Dynamics, Cambridge University Press, vol. 24(7), pages 1597-1634, October.
  9. Jakub Growiec, 2013. "On the measurement of technological progress across countries," Bank i Kredyt, Narodowy Bank Polski, vol. 44(5), pages 467-504.
  10. Growiec, Jakub, 2013. "Factor-augmenting technology choice and monopolistic competition," Journal of Macroeconomics, Elsevier, vol. 38(PA), pages 86-94.
  11. Marianne Saam, 2005. "Openness To Trade as a Determinant of the Elasticity of Substitution between Capital and Labor," DEGIT Conference Papers c010_013, DEGIT, Dynamics, Economic Growth, and International Trade.
  12. Kenneth G. Stewart & Jiang Li, 2018. "Are factor biases and substitution identifiable? The Canadian evidence," Canadian Journal of Economics, Canadian Economics Association, vol. 51(2), pages 528-548, May.
  13. Ezra Oberfield & Devesh Raval, 2021. "Micro Data and Macro Technology," Econometrica, Econometric Society, vol. 89(2), pages 703-732, March.
  14. Young, Andrew T. & Lawson, Robert A., 2014. "Capitalism and labor shares: A cross-country panel study," European Journal of Political Economy, Elsevier, vol. 33(C), pages 20-36.
  15. Irmen, Andreas, 2018. "A Generalized Steady-State Growth Theorem," Macroeconomic Dynamics, Cambridge University Press, vol. 22(4), pages 779-804, June.
  16. Hing-Man Leung, 2007. "Un-balanced Economic Growth," Development Economics Working Papers 22467, East Asian Bureau of Economic Research.
  17. Hideyuki Mizobuchi, 2015. "Multiple Directions for Measuring Biased Technical Change," CEPA Working Papers Series WP092015, School of Economics, University of Queensland, Australia.
  18. Bosi, Stefano & Seegmuller, Thomas, 2010. "On the role of progressive taxation in a Ramsey model with heterogeneous households," Journal of Mathematical Economics, Elsevier, vol. 46(6), pages 977-996, November.
  19. van de Klundert, Theo, 2008. "Looking back, looking ahead: Biased technological change, substitution and the wage gap," Journal of Macroeconomics, Elsevier, vol. 30(2), pages 707-713, June.
  20. Litina, Anastasia & Palivos, Theodore, 2010. "The Behavior Of The Saving Rate In The Neoclassical Optimal Growth Model," Macroeconomic Dynamics, Cambridge University Press, vol. 14(4), pages 482-500, September.
  21. Nicolas Abad & Thomas Seegmuller & Alain Venditti, 2012. "Aggregate Instability under Labor Income Taxation and Balanced-Budget Rules: Preferences Matter," AMSE Working Papers 1217, Aix-Marseille School of Economics, France, revised Apr 2012.
  22. Jakub Growiec, 2019. "The Hardware–Software Model: A New Conceptual Framework of Production, R&D, and Growth with AI," Working Paper series 19-18, Rimini Centre for Economic Analysis.
  23. Growiec, Jakub & McAdam, Peter & Mućk, Jakub, 2018. "Endogenous labor share cycles: Theory and evidence," Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 74-93.
  24. McAdam, Peter & Willman, Alpo, 2007. "Phillips-Curve Dynamics: Mark-Up Cyclicality, Effective Hours and Regime-Dependency," Kiel Working Papers 1359, Kiel Institute for the World Economy (IfW Kiel).
  25. Gómez, Manuel A., 2008. "Dynamics Of The Saving Rate In The Neoclassical Growth Model With Ces Production," Macroeconomic Dynamics, Cambridge University Press, vol. 12(2), pages 195-210, April.
  26. Matteo Aquilina & Rainer Klump & Carlo Pietrobelli, 2006. "Factor Substitution, Average Firm Size and Economic Growth," Small Business Economics, Springer, vol. 26(3), pages 203-214, April.
  27. Wong, Tsz-Nga & Yip, Chong K., 2010. "Indeterminacy and the elasticity of substitution in one-sector models," Journal of Economic Dynamics and Control, Elsevier, vol. 34(4), pages 623-635, April.
  28. Angelini, Elena & McAdam, Peter & D'Agostino, Antonello, 2006. "The Italian block of the ESCB multi-country model," Working Paper Series 660, European Central Bank.
  29. Saam, Marianne, 2008. "Openness to trade as a determinant of the macroeconomic elasticity of substitution," Journal of Macroeconomics, Elsevier, vol. 30(2), pages 691-702, June.
  30. Juselius, Mikael, 2008. "Long-run relationships between labor and capital: Indirect evidence on the elasticity of substitution," Journal of Macroeconomics, Elsevier, vol. 30(2), pages 739-756, June.
  31. Kenneth G. Stewart, 2018. "Normalized CES supply systems: Replication of Klump, McAdam, and Willman (2007)," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 33(2), pages 290-296, March.
  32. Tabakovic, Amer & Irmen, Andreas, 2014. "Capital- and Labor-Augmenting Technical Change in the Neoclassical Growth Model," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100602, Verein für Socialpolitik / German Economic Association.
  33. Robert Z. Lawrence, 2015. "Recent Declines in Labor's Share in US Income: A Preliminary Neoclassical Account," NBER Working Papers 21296, National Bureau of Economic Research, Inc.
  34. Wesseh, Presley K. & Lin, Boqiang, 2017. "Climate change and agriculture under CO2 fertilization effects and farm level adaptation: Where do the models meet?," Applied Energy, Elsevier, vol. 195(C), pages 556-571.
  35. Jakub Growiec, 2018. "The Digital Era, Viewed From a Perspective of Millennia of Economic Growth," KAE Working Papers 2018-034, Warsaw School of Economics, Collegium of Economic Analysis.
  36. Irmen, Andreas, 2011. "Steady-state growth and the elasticity of substitution," Journal of Economic Dynamics and Control, Elsevier, vol. 35(8), pages 1215-1228, August.
  37. Irmen Andreas & Klump Rainer, 2009. "Factor Substitution, Income Distribution and Growth in a Generalized Neoclassical Model," German Economic Review, De Gruyter, vol. 10(4), pages 464-479, December.
  38. Michael Knoblach & Martin Roessler & Patrick Zwerschke, 2020. "The Elasticity of Substitution Between Capital and Labour in the US Economy: A Meta‐Regression Analysis," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 82(1), pages 62-82, February.
  39. Jon Fiva & Gisle Natvik, 2013. "Do re-election probabilities influence public investment?," Public Choice, Springer, vol. 157(1), pages 305-331, October.
  40. Roger E.A. Farmer, 2013. "Animal Spirits, Financial Crises and Persistent Unemployment-super-," Economic Journal, Royal Economic Society, vol. 0, pages 317-340, May.
  41. Miyagiwa, Kaz & Papageorgiou, Chris, 2007. "Endogenous aggregate elasticity of substitution," Journal of Economic Dynamics and Control, Elsevier, vol. 31(9), pages 2899-2919, September.
  42. Kan, Kamhon & Wang, Yong, 2013. "Comparing China and India: A factor accumulation perspective," Journal of Comparative Economics, Elsevier, vol. 41(3), pages 879-894.
  43. Mariusz & Mirosław Błażej, 2020. "A control function approach to measuring the total factor productivity of enterprises in Poland," Bank i Kredyt, Narodowy Bank Polski, vol. 51(3), pages 293-316.
  44. repec:bla:germec:v:10:y:2009:i::p:464-479 is not listed on IDEAS
  45. Jean-Claude Trichet, 2011. "Achieving maximum long-term growth," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 427-449.
  46. Knoblach, Michael & Rößler, Martin & Zwerschke, Patrick, 2016. "The Elasticity of Factor Substitution Between Capital and Labor in the U.S. Economy: A Meta-Regression Analysis," CEPIE Working Papers 03/16, Technische Universität Dresden, Center of Public and International Economics (CEPIE).
  47. Sánchez, Marcelo, 2009. "National prices and wage setting in a currency union," Working Paper Series 1058, European Central Bank.
  48. McAdam, Peter & Muck, Jakub & Growiec, Jakub, 2015. "Will the true labor share stand up?," Working Paper Series 1806, European Central Bank.
  49. Matheus R. Grasselli & Aditya Maheshwari, 2018. "Testing a Goodwin model with general capital accumulation rate," Papers 1803.01536, arXiv.org.
  50. Dnb, 2011. "DELFI : DNB's Macroeconomic Policy Model of the Netherlands," DNB Occasional Studies 901, Netherlands Central Bank, Research Department.
  51. Kenneth G. Stewart & Jiang Li, 2018. "Are factor biases and substitution identifiable? The Canadian evidence," Canadian Journal of Economics, Canadian Economics Association, vol. 51(2), pages 528-548, May.
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