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Fig. 8 | Swiss Journal of Economics and Statistics

Fig. 8

From: Cost distribution and equity of climate policy in Switzerland

Fig. 8

Nesting of constant-elasticity-of-substitution (CES) functions in production and consumption. Notes: Intermediate demand by sector i of good j is bought on Swiss markets at prices PASj, i. The costs for labor and capital are reflected by PL and PK. Sectoral output is prices PDi. PASi,hh are the prices of commodities i purchased on national markets by households. a Consumption. b Production

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