The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 1 Estimated cost shares, Allen’s elasticity of substitution, and price elasticities at sample means (long-term effects)
From: Energy demand and factor substitution in Vietnam: evidence from two recent enterprise surveys
Cost share | Allen’s RSE | Price elasticities | |||||||
|---|---|---|---|---|---|---|---|---|---|
\(\theta\) | K | L | E | M | K | L | E | M | |
K | 0.0313 | − 17.0617 | − 0.5341 | ||||||
L | 0.4453 | 0.7941 | − 1.7644 | 0.0249 | − 0.7857 | ||||
E | 0.0657 | 0.1058 | − 3.0478 | − 25.6660 | 0.0033 | − 1.3572 | − 1.6875 | ||
M | 0.4576 | − 1.9246 | 1.3333 | − 0.7145 | − 1.5318 | − 0.0602 | 0.5938 | − 0.0470 | − 0.7010 |