Table 2 Elasticities
From: Impacts of foreign direct investment on efficiency in Swedish manufacturing
Pooled | Forest | Beverage | Chemical | Concrete | Metal | Electro | |
|---|---|---|---|---|---|---|---|
ɛ k | 0.3806 (0.1567) | 0.1089 (0.0366) | 0.2204 (0.1204) | 0.1113 (0.0781) | 0.2607 (0.677) | 0.1198 (0.0980) | −0.0117 (0.1666) |
ɛ l | 0.6004 (0.1683) | 0.8014 (0.0832) | 0.7080 (0.1138) | 0.7619 (0.0645) | 0.6473 (0.0983) | 0.8848 (0.0537) | 0.9042 (0.2121) |
Returns to scale | 0.9106 (0.0572) | 0.9103 (0.1018) | 0.9284 (0.0793) | 0.8733 (0.0671) | 0.9080 (0.0691) | 1.0046 (0.0950) | 0.8925 (0.0674) |
Rate of technical change | 0.0266 (0.0061) | 0.0150 (0.0138) | 0.0181 (0.0185) | 0.0278 (0.0051) | 0.0303 (0.0179) | 0.0254 (0.0075) | 0.0544 (0.0275) |
No. of observations | 4277 | 473 | 434 | 1021 | 775 | 1603 | 337 |