Elasticities of Substitution in Nested CES Systems
AbstractWe provide a minimal derivation of the Keller formula for outer elasticities of substitution in nested CES systems.
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Bibliographic InfoPaper provided by Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University in its series GTAP Research Memoranda with number 3161.
Date of creation: 2009
Date of revision:
Note: GTAP Research Memorandum No. 16
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"Improving Land-use Modelling within CGE to Assess Forest-based Mitigation Potential and Costs,"
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