Input Substitutability and Cross-Country Variation in Sectoral Linkages

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dc.creatorSinha, Rishabh
dc.date2019-03-14T19:35:46Z
dc.date2019-03-14T19:35:46Z
dc.date2019-03
dc.date.accessioned2026-07-01T00:41:09Z
dc.descriptionUsing panel data on input-output intensities and expenditure prices from 28 countries, this paper finds the elasticity of substitution across sectoral inputs to be less than one in each of the three broad sectors of the economy. Intermediates are most complementary in the production of services while it is easiest to substitute across intermediates in the production of agricultural goods. Differences in relative prices alone account for a non-trivial fraction of the cross-country variation in sectoral linkages. Abstracting from the price channel that allows for substitution across inputs in response to changes in relative prices delivers biased aggregate implications of changes in productivity and distortions.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/374631552312398249/Input-Substitutability-and-Cross-Country-Variation-in-Sectoral-Linkages
dc.identifierhttps://hdl.handle.net/10986/31396
dc.identifier10.1596/1813-9450-8770
dc.identifier.urihttp://hdl.handle.net/123456789/409113
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper;No. 8770
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectSECTORAL LINKAGES
dc.subjectINPUT SUBSTITUTION
dc.subjectMARKET DISTORTIONS
dc.subjectELASTICITY OF SUBSTITUTION
dc.titleInput Substitutability and Cross-Country Variation in Sectoral Linkages
dc.typeWorking Paper
dc.typeDocument de travail
dc.typeDocumento de trabajo

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