Search Results for elasticity of substitution

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This paper examines the supposed welfare gains from strategic trade and industrial policies in...

The paper develops a simple three-sector model of a developing country with nominal wage...

This paper examines the relationship between terms of trade shocks, private saving, and the...

In most macroeconomic models, the substitutability between domestic and foreign goods is...

It has been shown that under perfect competition and a Cobb-Douglas production function, a basic...

This paper examines the relationship between temporary terms of trade shocks and household saving...