Curvature Conditions and Substitution Pattern Among Capital, Materials and Heterogeneous Labour

Falk, Martin; Koebel, Bertrand

doi:10.2139/ssrn.376021

Cited by 12 publications

(21 citation statements)

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“…Except for the study by Falk and Koebel (1999), which applies a quadratic cost function, all primary studies in the sample apply a translog production function. Studies that use other flexible functional forms, such as the Generalised Leontief and the Generalised Cobb Douglas specifications, provide too little information to calculate standard errors of the elasticity estimates.…”

Section: Sample and Study Characteristicsmentioning

confidence: 99%

“…Furthermore, labour may be subdivided into skilled and unskilled labour (see, among others, Halvorsen and Ford, 1979;Falk and Koebel, 1999), a possible hypothesis being that the substitution potential between capital and skilled labour is smaller than the substitution potential between capital and unskilled labour. Obviously, when such a distinction does not affect the estimated production function parameter estimates we do not have a problem.…”

Section: Sources Of Systematic Effect Size Variationmentioning

confidence: 99%

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Capital-Energy Substitution and Shifts in Factor Demand: A Meta-Analysis

2006

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Section: Sample and Study Characteristicsmentioning

confidence: 99%

Section: Sources Of Systematic Effect Size Variationmentioning

confidence: 99%

Capital-Energy Substitution and Shifts in Factor Demand: A Meta-Analysis

2006

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“…Others, e.g. Falk and Koebel (1999), simply restrict the model such that ownprice elasticities are negative although such restrictions are not supported by the data.…”

Section: Previous Literaturementioning

confidence: 99%

Does Marginal Employment Substitute Regular Employment? - A Heterogeneous Dynamic Labor Demand Approach for Germany

Jacobi

Schaffner

2008

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. The working papers published in the Series constitute work in progress circulated to stimulate discussion and critical comments. Views expressed represent exclusively the authors' own opinions and do not necessarily reflect those of the editors. In Germany we observe a decline in regular employment and an increase in atypical forms of employment. Especially marginal part-time employment which is characterized by lower tax rates and lower social security contributions increased substantially after a reform in 2003 made this type of employment even more attractive to employers. In our paper we estimate the substitutability of regular employment by marginal part-time employment using data on the industry level before and after the reform. We detect high substitution elasticities with respect to three skill categories of regular employment in both time periods. The substitutability of unskilled full-time workers increased significantly after the reform. Terms of use: Documents inJEL Classification: J23, J31

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“…On the basis of a different specification of the cost function but a similar data set, Falk and Koebel (1999) also obtain comparable estimates of own-price elasticities of unskilled and skilled labor.…”

mentioning

confidence: 93%

“…Furthermore, Falk and Koebel (1999) also estimated insignificant own-wage elasticities for highly skilled labor. Qualitatively, our elasticity estimates are compatible with a large international literature, surveyed in Hamermesh (1993), which shows that there is a clear hierarchy of own-wage elasticities of the demand for heterogenous labor with the wage elasticity for unskilled labor being the highest and for highly skilled labor the lowest.…”

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confidence: 99%

Employment Effects of Work Sharing - An Econometric Analysis for West Germany

Steiner

Peters²

2003

SSRN Journal

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Abstract:In this paper we estimate the employment effects of a reduction in weekly normal hours in West German manufacturing on the basis of an econometric models using industry panel data. We distinguish between unskilled, skilled and high-skilled workers and show that labor demand elasticities with respect to real wages differ significantly between these three skill groups. Given wages, the direct employment effect of a reduction in weekly normal hours is negligible for all three groups. However, taking the adjustment of wages into account, which compensates workers to some extent for lost income due to the reduction of working hours, the net employment effect becomes negative on average. Due to their relatively large wage elasticity, this negative effect is particularly strong for the unskilled. "Work sharing" by means of general hours-reductions can thus not be considered an adequate policy to reduce unemployment.

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Curvature Conditions and Substitution Pattern Among Capital, Materials and Heterogeneous Labour

Cited by 12 publications

References 0 publications

Capital-Energy Substitution and Shifts in Factor Demand: A Meta-Analysis

Capital-Energy Substitution and Shifts in Factor Demand: A Meta-Analysis

Does Marginal Employment Substitute Regular Employment? - A Heterogeneous Dynamic Labor Demand Approach for Germany

Employment Effects of Work Sharing - An Econometric Analysis for West Germany

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