Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24542 
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dc.contributor.authorSchmidt, Christoph M.en
dc.contributor.authorFrondel, Manuelen
dc.date.accessioned2009-02-16T14:57:17Z-
dc.date.available2009-02-16T14:57:17Z-
dc.date.issued2002-
dc.identifier.urihttp://hdl.handle.net/10419/24542-
dc.description.abstractThis paper compares technologies across space and time on the basis of factual and counterfactual substitution elasticities and argues that differences in estimated substitution elasticities should be decomposed into two counterfactual components. While the first component is designed to indicate how the ease of substitution is altered by varied economic circumstances, the second addresses the question of how technologies would compare under genuinely comparable situations. This argument is illustrated by the example of energy-price elasticities of capital before and after the oil crisis of the early 1970s.en
dc.language.isoengen
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen
dc.relation.ispartofseries|aZEW Discussion Papers |x02-63en
dc.subject.jelC3en
dc.subject.jelD2en
dc.subject.ddc330en
dc.subject.keywordCounterfactualsen
dc.subject.keywordSubstitutabilityen
dc.subject.keywordTranslog Cost Functionen
dc.subject.stwFertigungstechniken
dc.subject.stwFaktorsubstitutionen
dc.subject.stwSubstitutionselastizitäten
dc.subject.stwKostenfunktionen
dc.subject.stwSchätzungen
dc.subject.stwErdölpreisen
dc.subject.stwPreiselastizitäten
dc.subject.stwDeutschlanden
dc.subject.stwKontrafaktische Situationen
dc.titleThe empirical assessment of technology differences: comparing the comparable-
dc.typeWorking Paperen
dc.identifier.ppn856397911en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:zewdip:548en

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