TY  - Working paper
AU  - Adam Tipper



PY  - 2012
T1  - Capital-labour substitution elasticities in New Zealand: one for all industries?
PB  - StatsNZ


DO  - https://doi.org/APO-30327
UR  - https://apo.org.au/node/30327

AB  - This paper tests the assumption of a Cobb-Douglas production function (a unitary elasticity of substitution between capital and labour) for 20 of New Zealand’s industries, using Statistics New Zealand’s industry-level productivity data.
 It also assesses how the Leontief production function (zero substitutability) may apply to New Zealand industries.
ER  -