Table 11 Elasticities of substitution in utility and production functions and trade

Consumption

σ ^topc

0.5

0.5

0.5

σ ^at

0.5

0.9

1.5

σ ^{kle_ m}

0.5

0.9

1.5

σ ^{cgo_ ele}

0.51

0.918

1.53

σ ^{c_ go}

0.15

0.15

0.15

σ ^{g_ o}

0.75

0.75

0.75

σ ^m

0.5

0.9

1.5

Production

\(\sigma ^{kle\_m}_{i}\)

0.47–0.5

0.846–0.9

1.41–1.5

\(\sigma ^{kl\_e}_{i}\)

0.44–0.532

0.85–1.03

1.47–1.77

\(\sigma ^{k\_l}_{i}\)

0.48–0.62

0.48–0.62

0.48–0.62

\(\sigma ^{cgo\_ele}_{i}\)

0.51

0.918

1.53

\(\sigma ^{c\_go}_{i}\)

0.15

0.15

0.15

\(\sigma ^{g\_o}_{i}\)

0.75

0.75

0.75

\(\sigma ^{m}_{i}\)

0.25

0.45

0.75

Trade

\(\sigma ^{A}_{i}\)

0.5–2

0.5–2

0.5–2

\(\sigma ^{T}_{i}\)

0.4–2

0.4–2

0.4–2