The labor income Shares, the Price Markup, and the Elasticity of Substitution Between Capital and Labor
The labor income share is constant under the assumptions of a Cobb-Douglas production function and perfect competition. This paper modifies these assumptions, and investigates how to behave actually dynamic the labor income share within the Iranian manufacturing industries through estimating the ela...
Main Authors: | , , , |
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Format: | Article |
Language: | fas |
Published: |
Tarbiat Modares University
2017-09-01
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Series: | پژوهشهای اقتصادی |
Subjects: | |
Online Access: | http://ecor.modares.ac.ir/article-18-8745-en.pdf |