IDEAS home Printed from https://ideas.repec.org/p/ekd/000238/23800032.html

Will the Marshall Laws of Derived Demand Stand Up? An Interpretation and Correction of Hicks´ Elasticity rules

Author

Listed:
  • Salah EL-SHEIKH

Abstract

No abstract is available for this item.

Suggested Citation

  • Salah EL-SHEIKH, 2008. "Will the Marshall Laws of Derived Demand Stand Up? An Interpretation and Correction of Hicks´ Elasticity rules," EcoMod2008 23800032, EcoMod.
  • Handle: RePEc:ekd:000238:23800032
    as

    Download full text from publisher

    File URL: http://www.ecomod.net/sites/default/files/document-conference/ecomod2008/529.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Wisecarver, Daniel, 1974. "The Social Costs of Input-Market Distortions," American Economic Review, American Economic Association, vol. 64(3), pages 359-372, June.
    2. J. R. Hicks, 1963. "Distribution and Economic Progress," Palgrave Macmillan Books, in: The Theory of Wages, chapter 0, pages 112-135, Palgrave Macmillan.
    3. M. Bronfenbrenner, 1961. "Notes On The Elasticity Of Derived Demand," Oxford Economic Papers, Oxford University Press, vol. 13(3), pages 254-261.
    4. repec:bla:econom:v:38:y:1971:i:150:p:192-98 is not listed on IDEAS
    5. Maurice, S Charles, 1972. "Long-Run Factor Demand in a Perfectly Competitive Industry," Journal of Political Economy, University of Chicago Press, vol. 80(6), pages 1271-1279, Nov.-Dec..
    6. Y. Mundlak, 1968. "Elasticities of Substitution and the Theory of Derived Demand," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 35(2), pages 225-236.
    7. Sakai, Yasuhiro, 1973. "An Axiomatic Approach to Input Demand Theory," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 14(3), pages 735-752, October.
    8. Ryuzo Sato & Tetsunori Koizumi, 1970. "Substitutability, Complementarity and the Theory of Derived Demand," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 37(1), pages 107-118.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Harhoff, Dietmar, 1991. "R&D incentives and spillovers in a two-industry model," ZEW Discussion Papers 91-06, ZEW - Leibniz Centre for European Economic Research.
    2. Paul, Saumik, 2019. "A Decline in Labor's Share with Capital Accumulation and Complementary Factor Inputs: An Application of the Morishima Elasticity of Substitution," IZA Discussion Papers 12219, IZA Network @ LISER.
    3. John Cawley & Davide Dragone & Stephanie Von Hinke Kessler Scholder, 2016. "The Demand for Cigarettes as Derived from the Demand for Weight Loss: A Theoretical and Empirical Investigation," Health Economics, John Wiley & Sons, Ltd., vol. 25(1), pages 8-23, January.
    4. Johannes Bröcker & Till Requate, 2022. "Substitution and size effect for factor demand revisited," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(2), pages 251-265, October.
    5. Daniel J. Graham & Nigel Spence, 2000. "Manufacturing Employment Change, Output Demand, and Labor Productivity in the Regions of Britain," International Regional Science Review, , vol. 23(2), pages 172-200, April.
    6. Debertin, David L., 2012. "Agricultural Production Economics, Second Edition," Monographs: Applied Economics, AgEcon Search, number 158319.
    7. Sharimakin, Akinsehinwa, 2019. "Measuring the energy input substitution and output effects of energy price changes and the implications for the environment," Energy Policy, Elsevier, vol. 133(C).
    8. Scott Farrow & Peter B. Doeringer, 2026. "Inferring the value of short‐staffed public sector jobs: Federal budgets and military fighter pilots," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 45(1), January.
    9. Galetovic, Alexander & Haber, Stephen & Zaretzki, Lew, 2018. "An estimate of the average cumulative royalty yield in the world mobile phone industry: Theory, measurement and results," Telecommunications Policy, Elsevier, vol. 42(3), pages 263-276.
    10. Ma, Chunbo & Stern, David I., 2016. "Long-run estimates of interfuel and interfactor elasticities," Resource and Energy Economics, Elsevier, vol. 46(C), pages 114-130.
    11. Albert A. Okunade, 1999. "Will the real elasticity of substitution ‘in Norwegian dentistry’ please stand up?," Health Economics, John Wiley & Sons, Ltd., vol. 8(3), pages 221-232, May.
    12. Hoque, Anwarul & Adelaja, Adesoji O., 1984. "Factor Demand And Returns To Scale In Milk Production: Effects Of Price, Substiution And Technology," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 13(2), pages 1-7, October.
    13. Frondel, Manuel, 2011. "Modelling energy and non-energy substitution: A brief survey of elasticities," Energy Policy, Elsevier, vol. 39(8), pages 4601-4604, August.
    14. Abdullah, Maisom & Osman-Rani, H., 1989. "A Translog Cost Estimation of Capital-labour Substitubility in Malaysian Manufacturing Sector," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 20(December), pages 43-60.
    15. Saumik Paul, 2018. "Capital Skill Substitutability and the Labor Income Share: Identification Using the Morishima Elasticity of Substitution," ADBI Working Papers 839, Asian Development Bank Institute.
    16. Alarcón, Silverio, 2005. "Input Substitution in the Spanish Food Industry," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24487, European Association of Agricultural Economists.
    17. Yasuhiro Sakai, 2019. "The Hicks-Morishima Approach Reconsidered:Another Look at the Interdependence of Several Markets," Discussion Papers CRR Discussion Paper Series A: General 36, Shiga University, Faculty of Economics,Center for Risk Research.
    18. Stern, David I., 2008. "Derivation of the Hicks Elasticity of Substitution from the Input Distance Function," MPRA Paper 12414, University Library of Munich, Germany.
    19. Cai, Ximing & Ringler, Claudia & You, Jiing-Yun, 2008. "Substitution between water and other agricultural inputs: Implications for water conservation in a River Basin context," Ecological Economics, Elsevier, vol. 66(1), pages 38-50, May.
    20. John Cawley & Stephanie von Hinke Kessler Scholder, 2013. "The Demand for Cigarettes as Derived from the Demand for Weight Control," NBER Working Papers 18805, National Bureau of Economic Research, Inc.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekd:000238:23800032. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Theresa Leary (email available below). General contact details of provider: https://edirc.repec.org/data/ecomoea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.