The elasticity of substitution and labour-displacing technical change in post-apartheid South Africa

Rankin, Neil, Burger, Rulof and Kreuser, Friedrich (2015). The elasticity of substitution and labour-displacing technical change in post-apartheid South Africa. UNU-WIDER.

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  • Sub-type Working paper
    Author Rankin, Neil
    Burger, Rulof
    Kreuser, Friedrich
    Title The elasticity of substitution and labour-displacing technical change in post-apartheid South Africa
    Volume/Issue No. 2015/101
    Publication Date 2015
    Place of Publication Helsinki
    Publisher UNU-WIDER
    Pages 35
    Language eng
    Abstract

    This paper uses normalized constant elasticity of substitution production functions to estimate the elasticity of substitution and labour-augmenting technical change in South Africa over the period 1994-2012. We find elasticities of 0.6-0.9 and positive l

    Keyword Labor demand
    Production functions (economic theory)
    Copyright Holder UNU-WIDER
    Copyright Year 2015
    Copyright type Fair use permitted
    ISSN 17987237
    ISBN 9789292309909
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    Created: Fri, 12 Feb 2016, 17:27:30 JST