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- W2077426457 abstract "Both capital and labor are disaggregated in this analysis of production technologies in Canada in order to more accurately assess the economic impacts of change, particularly policy changes. Factor share demand functions are estimated for the 1950 to 1970 period and compared with other studies, which are found to be less useful because of the inseparability of capital and labor inputs. The benefits of disaggregation are found to include better estimates of price elasticities and partial elasticities of substitutes as well as more accurate forecasting of capital market behavior. The effects of recent investment tax credits are found to promote capital substitution for labor, with the greatest impact felt by production workers. 33 references. (DCK)" @default.
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- W2077426457 date "1978-12-01" @default.
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- W2077426457 title "A representation of Canadian manufacturing technology" @default.
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- W2077426457 doi "https://doi.org/10.1080/758535194" @default.
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