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dc.contributor.authorSchmidt, Christoph M.en_US
dc.contributor.authorFrondel, Manuelen_US
dc.coverage.temporal1958-1996en_US
dc.date.accessioned2009-02-16T14:57:17Z-
dc.date.available2009-02-16T14:57:17Z-
dc.date.issued2002en_US
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_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheim-
dc.relation.ispartofseriesZEW Discussion Papers 02-63en_US
dc.subject.jelC3en_US
dc.subject.jelD2en_US
dc.subject.ddc330en_US
dc.subject.keywordCounterfactualsen_US
dc.subject.keywordSubstitutabilityen_US
dc.subject.keywordTranslog Cost Functionen_US
dc.subject.stwFertigungstechniken_US
dc.subject.stwFaktorsubstitutionen_US
dc.subject.stwSubstitutionselastizitäten_US
dc.subject.stwKostenfunktionen_US
dc.subject.stwSchätzungen_US
dc.subject.stwErdölpreisen_US
dc.subject.stwPreiselastizitäten_US
dc.subject.stwDeutschlanden_US
dc.subject.stwKontrafaktische Situationen_US
dc.titleThe empirical assessment of technology differences: comparing the comparableen_US
dc.typeWorking Paperen_US
dc.identifier.ppn35686801Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:548-
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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