Input Substitutability and Cross-Country Variation in Sectoral Linkages
Using panel data on input-output intensities and expenditure prices from 28 countries, this paper finds the elasticity of substitution across sectoral inputs to be less than one in each of the three broad sectors of the economy. Intermediates are m...
Main Author: | |
---|---|
Format: | Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2019
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/374631552312398249/Input-Substitutability-and-Cross-Country-Variation-in-Sectoral-Linkages http://hdl.handle.net/10986/31396 |