Comment on “σ: The long and short of it” |
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| Authors: | Theodore Palivos |
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| Affiliation: | aDepartment of Economics, University of Macedonia, Salonica 540 06, Greece |
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| Abstract: | I comment on some of the issues discussed by Robert Chirinko (Chirinko, R.S., 2008. σ: The long and short of it. Journal of Macroeconomics 30 (2), 671-686). I also offer some additional evidence and discuss the theoretical implications of the empirical findings regarding σ. |
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| Keywords: | Elasticity of substitution Production function Economic growth |
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