From: Growth impacts of Swiss steering-based climate policies
 | Nesting | Value | Reference |
---|---|---|---|
σ Y, i | Qi and Bi in final goods | 0.392 (agr); 0.848 (chm, oil, gas); 0.518 (mch); 0.1 (ele); 1.264 (con); 0.352 (trn); 0.568 (oin); 0.492 (other sectors) | |
κ | Measures level of substitution between xij in intermediate composite | 0.75 | |
ε | Li, j, Ei, j and Vi, j in intermediate goods | 0.7 (agr, oil, gas, het); 0.52 (con, oin); 0.58 (chm); 0.56 (trn); 0.66 (ele), 0.67 (mch); 0.4 (other sectors) | |
σ E | Electricity and fossil energy (Yfos) | 1.8 | |
σ ele | Electricity generation and distribution | 0 | |
σ egen | Electricity generation groups | 10 | |
σ cons | Constant electricity generation | 1.5 | |
σ int | Intermittent electricity generation | 2 | |
Ï„ | Non-physical capital (IK, i). and physical capital (IP, i) | 0.3 | |
ω | Labor in research (LRi) and investments in R&D (Ri) | 0.3 | |
1/θ | Intertemporal elasticity of substitution in utility | 0.6 | |
σ C | Energy and non-energy in consumption | 0.5 | |
σ ce | Electricity and fossil energy in consumption | 1.5 | |
η | Trade Armington | 3.2 (agr); 4.6 (mch); 3.8 (ele, oin); 2.9 (other sectors) | |
χ | Elasticity of transformation | 1 |