Elena Burmistrova, Sergey Lobanov
arXiv 9 Feb 2018 · Econometrics
arXiv:1802.06885 · PDF · DOI · OpenAlex · Extracted main text
This note proves that the representation of the Allen elasticity of substitution obtained by Uzawa for linear homogeneous functions holds true for nonhomogeneous functions. It is shown that the criticism of the Allen-Uzawa elasticity of substitution in the works of Blackorby, Primont, Russell is based on an incorrect example.
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The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.
| Reference | Intensity | Mentions | Sections | Main text | |
|---|---|---|---|---|---|
| 1 | C. Blackorby, D. Primont, and R.R. Russell (2007) The morishima gross elasticity of substitution | 1.000 | 7 | 4 | 100% |
| 2 | Blackorby, C. and Russell R. R (1989) Will the Real Elasticity of Substitution Please Stand Up? (A comparison of the Allen/Uzawa and Morishima Elasticities) | 1.000 | 7 | 3 | 100% |
| 3 | Hicks, John R (1963) The Theory of Wages | 0.843 | 3 | 3 | 100% |
| 4 | Allen, R. G. D (1962) Mathematical Analysis for Economists | 0.811 | 4 | 2 | 100% |
| 5 | Blackorby and R.R. Russell (1981) The morishima elasticity of substitution: symmetry, constancy, separability, and its relationship to the hicks and allen elastic… | 0.737 | 3 | 2 | 100% |
| 6 | McFadden D (1963) Constant Elasticity of Substitution Production Functions | 0.511 | 2 | 1 | 100% |
| 7 | D.I. Stern (2004) Elasticities of substitution and complementarity | 0.511 | 2 | 1 | 100% |
| 8 | Arrow K. J., Chenery H. B., Minhas B. S. and Solow R. M (1961) Capital-Labor Substitution and Economic Efficiency | 0.405 | 1 | 1 | 100% |
| 9 | Bertoletti, P (2005) Elasticities of substitution and complementarity: A synthesis | 0.405 | 1 | 1 | 100% |
| 10 | G.C. Davis and C.R. Shumway (1996) To tell the truth about interpreting the morishima elasticity of substitution | 0.405 | 1 | 1 | 100% |
Showing the top 10 of 20 scored citations.