Pakistan Institute of Development Economics

PDR

THE PAKISTAN DEVELOPMENT REVIEW 

Production Functions and Input Elasticities in the Construction of Low -Cost Housing: A Comparison of Building Firms in Pakistan with Firms in Five other Countries
Author: Ehsan Ahmed

In this study, data relating to construction firms of five developing countries are analysed to explore the possibilities of substitution between capital and labour and between skilled and unskilled labour. The study concludes that, in general, both the elasticities are quite low.

Ehsan Ahmed

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