Micro Data and Macro Technology
Work
Year: 2021
Type: article
Abstract: We develop a framework to estimate the aggregate capital‐labor elasticity of substitution by aggregating the actions of individual plants. The aggregate elasticity reflects substitution within plants ... more
Source: Econometrica
Authors Ezra Oberfield, Devesh Raval
Institutions Princeton University, Federal Trade Commission
Cites: 84
Cited by: 182
Related to: 10
FWCI: 27.99
Citation percentile (by year/subfield): 100
Subfield: Economics and Econometrics
Domain: Social Sciences
Sustainable Development Goal Decent work and economic growth
Open Access status: bronze