Examples of using Elasticity of substitution in English and their translations into Spanish
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the parties were requested to submit elasticities of substitution at the 3-digit NAIC level.
The constant elasticity of substitution(CES) function is.
Utility functions having constant elasticity of substitution(CES) are homothetic.
Which of these effects dominates depends on the magnitude of the elasticity of substitution.
This is related to the substitutability of one product for another(elasticity of substitution).
The fourth column is the elasticity of substitution followed by the market penetration variable.
The CES production function is a neoclassical production function that displays constant elasticity of substitution.
The elasticity of substitution(η), which is the first term
the CES production function exhibits constant elasticity of substitution between capital and labor.
It is considered that over half of the consumption of tungsten in industry has a low elasticity of substitution.
represents a limiting case of the constant elasticity of substitution production function.
Expenditure is allocated to commodities and services according to a LES-CES(Linear Expenditure System- Constant Elasticity of Substitution) function.
The elasticity of substitution also governs how the relative expenditure on goods
He introduced the concept of"partial elasticity of substitution" to economics in his famous 1938 book"Mathematical Analysis for Economists.
An estimate of the elasticity of substitutability as between products produced in the United States and imports(the elasticity of substitution);
The effect of a CDSOA disbursement depends upon a number of parameters beyond the elasticity of substitution between domestic and imported products.
Trade effect(value of disbursements)*[(pass-through)*(import penetration)*(elasticity of substitution)] 3.118 The term in the square brackets can be defined as a trade effect coefficient.
Intuitively, one would expect the values for the elasticity of substitution and import penetration for industries with relatively larger shares of CDSOA disbursements to have a greater weight in the overall number.
value of the pass-through, we adopt the same approach as we adopted for the value of the elasticity of substitution; instead of using one specific value we have used the range of 25 per cent to 100 per cent derived from the comments of the parties.
The available evidence indicates that the elasticities of substitution between temperate, boreal and tropical wood products