Table A.17: Estimated Input Demand Own-Price Elasticities by Country: Pulp, Paper, Paper Products, Printing and Publishing

|**Country**||Mod|el I (Vi|ntage Ca|pital)|||Model I|I (Pind|yck-Rot|emberg)||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||_η_|_ll_|_η_|_ee_|_ηm_|_m_|_η_|_ll_|_η_|_ee_|_η_|_mm_|
|Australia|-0.75|(0.03)|-0.55|(0.03)|-0.51|(0.02)|-0.71|(0.03)|-0.55|(0.03)|-0.50|(0.02)|
|Austria|-0.90|(0.04)|-0.64|(0.03)|-0.41|(0.03)|-0.85|(0.04)|-0.64|(0.04)|-0.41|(0.02)|
|Belgium|-0.88|(0.03)|-0.61|(0.04)|-0.42|(0.03)|-0.83|(0.03)|-0.60|(0.04)|-0.42|(0.03)|
|Denmark|-0.72|(0.02)|-0.32|(0.13)|-0.52|(0.01)|-0.69|(0.02)|-0.31|(0.13)|-0.51|(0.01)|
|Finland|-1.01|(0.05)|-0.76|(0.01)|-0.41|(0.02)|-0.95|(0.04)|-0.76|(0.01)|-0.41|(0.02)|
|France|-0.83|(0.02)|-0.52|(0.03)|-0.44|(0.01)|-0.79|(0.02)|-0.52|(0.03)|-0.44|(0.01)|
|Germany|-0.77|(0.04)|-0.70|(0.03)|-0.52|(0.03)|-0.73|(0.04)|-0.70|(0.03)|-0.52|(0.03)|
|Greece|-0.76|(0.04)|-0.73|(0.02)|-0.54|(0.02)|-0.72|(0.04)|-0.72|(0.02)|-0.53|(0.02)|
|Ireland|-0.92|(0.15)|-0.17|(0.24)|-0.39|(0.09)|-0.87|(0.14)|-0.15|(0.25)|-0.38|(0.09)|
|Italy|-0.87|(0.05)|-0.64|(0.06)|-0.44|(0.02)|-0.82|(0.04)|-0.63|(0.06)|-0.43|(0.02)|
|Japan|-0.78|(0.02)|-0.60|(0.04)|-0.49|(0.02)|-0.74|(0.02)|-0.60|(0.05)|-0.49|(0.02)|
|Korea|-0.96|(0.05)|-0.68|(0.04)|-0.39|(0.02)|-0.91|(0.04)|-0.68|(0.05)|-0.38|(0.02)|
|Luxembourg|-0.83|(0.04)|-0.44|(0.11)|-0.44|(0.03)|-0.79|(0.04)|-0.43|(0.11)|-0.43|(0.03)|
|Netherlands|-0.77|(0.02)|-0.41|(0.07)|-0.48|(0.01)|-0.74|(0.02)|-0.40|(0.07)|-0.47|(0.01)|
|Portugal|-0.98|(0.05)|-0.66|(0.12)|-0.39|(0.03)|-0.92|(0.04)|-0.66|(0.12)|-0.38|(0.03)|
|Spain|-0.87|(0.03)|-0.60|(0.03)|-0.43|(0.02)|-0.82|(0.03)|-0.60|(0.03)|-0.42|(0.02)|
|Sweden|-0.88|(0.02)|-0.73|(0.01)|-0.45|(0.01)|-0.84|(0.02)|-0.73|(0.01)|-0.44|(0.01)|
|United Kingdom|-0.71|(0.03)|-0.26|(0.09)|-0.529|(0.03)|-0.67|(0.03)|-0.25|(0.09)|-0.52|(0.03)|
|United States|-0.62|(0.05)|-0.54|(0.03)|-0.62|(0.04)|-0.59|(0.05)|-0.53|(0.03)|-0.61|(0.04)|

Note: Standard errors in parentheses.

Table A.18: Estimated Cross-Price Elasticities of Labor Demand in OECD Manufacturing Sectors

|Sector|_η_|_le_|_ηl_|_m_|_ηl_|_K_|_η_|_lY_|
|---|---|---|---|---|---|---|---|---|
||VCM|P-R|VCM|P-R|VCM|P-R|VCM|P-R|
|Chemical, Rubber, Plastics and Fuel Products|-0.15|-0.04|0.98<sup>_∗∗∗_</sup>|0.95<sup>_∗∗∗_</sup>|-0.66<sup>_∗∗_</sup>|-0.86<sup>_∗∗_</sup>|1.09<sup>_∗∗∗_</sup>|1.35<sup>_∗∗∗_</sup>|
||(0.11)|(0.10)|(0.16)|(0.16)|(0.26)|(0.33)|(0.21)|(0.23)|
|Electrical and Optical Equipment|-0.21<sup>_∗∗_</sup>|-0.20<sup>_∗∗_</sup>|0.66<sup>_∗∗∗_</sup>|0.65<sup>_∗∗∗_</sup>|-0.37<sup>_∗∗∗_</sup>|-0.46<sup>_∗∗∗_</sup>|1.36<sup>_∗∗∗_</sup>|1.42<sup>_∗∗∗_</sup>|
||(0.08)|(0.08)|(0.09)|(0.09)|(0.07)|(0.11)|(0.14)|(0.18)|
|Food Products, Beverages, and Tobacco|-0.05<sup>_∗∗_</sup>|-0.07<sup>_∗∗_</sup>|0.73<sup>_∗∗∗_</sup>|0.72<sup>_∗∗∗_</sup>|0.23|0.09|1.32<sup>_∗∗∗_</sup>|1.42<sup>_∗∗∗_</sup>|
||(0.02)|(0.03)|(0.04)|(0.04)|(0.32)|(0.32)|(0.23)|(0.15)|
|Basic Metals and Fabricated Metal Products|0.002|0.06<sup>_∗∗∗_</sup>|0.80<sup>_∗∗∗_</sup>|0.83<sup>_∗∗∗_</sup>|-0.74<sup>_∗∗_</sup>|-0.55|1.52<sup>_∗∗∗_</sup>|1.46<sup>_∗∗∗_</sup>|
||(0.02)|(0.02)|(0.11)|(0.12)|(0.37)|(0.37)|(0.29)|(0.28)|
|Pulp, Paper, Paper Products, Printing and Publishing|-0.04<sup>_∗∗_</sup>|-0.04<sup>_∗∗_</sup>|0.71<sup>_∗∗∗_</sup>|0.68<sup>_∗∗∗_</sup>|-0.46|-0.40|1.71<sup>_∗∗∗_</sup>|1.71<sup>_∗∗∗_</sup>|
||(0.02)|(0.02)|(0.09)|(0.08)|(0.42)|(0.30)|(0.29)|(0.09)|

Note. VCM: Vintage Capital Model, P-R: Pindyck and Rotemberg (1983) Model. All Elasticities are Calculated at Sample Means. Standard errors in parentheses.<sup>_∗∗∗_</sup> p _<_ 0.01,<sup>_∗∗_</sup> p _<_ 0.05,<sup>_∗_</sup> p _<_ 0.1.

Table A.19: Estimated Cross-Price Elasticities of Materials Demand in OECD Manufacturing Sectors

|Sector|_η_|_ml_|_η_|_me_|_ηm_|_K_|_η_|_mY_|
|---|---|---|---|---|---|---|---|---|
||VCM|P-R|VCM|P-R|VCM|P-R|VCM|P-R|
|Chemical, Rubber, Plastics and Fuel Products|0.33<sup>_∗∗∗_</sup>|0.27<sup>_∗∗∗_</sup>|0.27<sup>_∗∗_</sup>|0.30<sup>_∗∗_</sup>|0.06|-0.13|0.72<sup>_∗∗∗_</sup>|1.00<sup>_∗∗∗_</sup>|
||(0.06)|(0.06)|(0.12)|(0.12)|(0.24)|(0.29)|(0.19)|(0.21)|
|Electrical and Optical Equipment|0.43<sup>_∗∗∗_</sup>|0.43<sup>_∗∗∗_</sup>|0.11<sup>_∗∗∗_</sup>|0.10<sup>_∗∗∗_</sup>|-0.08|-0.20<sup>_∗_</sup>|0.89<sup>_∗∗∗_</sup>|0.95<sup>_∗∗∗_</sup>|
||(0.10)|(0.10)|(0.01)|(0.01)|(0.05)|(0.11)|(0.08)|(0.14)|
|Food Products, Beverages, and Tobacco|0.30<sup>_∗∗∗_</sup>|0.26<sup>_∗∗∗_</sup>|0.03<sup>_∗∗∗_</sup>|0.03<sup>_∗∗∗_</sup>|0.16|0.10|0.85<sup>_∗∗∗_</sup>|1.03<sup>_∗∗∗_</sup>|
||(0.06)|(0.05)|(0.01)|(0.01)|(0.31)|(0.32)|(0.23)|(0.15)|
|Basic Metals and Fabricated Metal Products|0.52<sup>_∗∗∗_</sup>|0.48<sup>_∗∗∗_</sup>|0.07<sup>_∗∗∗_</sup>|0.06<sup>_∗∗∗_</sup>|-0.41|-0.16|0.88<sup>_∗∗∗_</sup>|0.93<sup>_∗∗∗_</sup>|
||(0.09)|(0.09)|(0.02)|(0.02)|(0.36)|(0.36)|(0.23)|(0.24)|
|Pulp, Paper, Paper Products, Printing and Publishing|0.46<sup>_∗∗∗_</sup>|0.45<sup>_∗∗∗_</sup>|0.07<sup>_∗∗∗_</sup>|0.07<sup>_∗∗∗_</sup>|-0.32|-0.29|1.53<sup>_∗∗∗_</sup>|1.54<sup>_∗∗∗_</sup>|
||(0.08)|(0.08)|(0.02)|(0.02)|(0.42)|(0.30)|(0.28)|(0.09)|

Note. VCM: Vintage Capital Model, P-R: Pindyck and Rotemberg (1983) Model. All Elasticities are Calculated at Sample Means. Standard errors in parentheses.<sup>_∗∗∗_</sup> p _<_ 0.01,<sup>_∗∗_</sup> p _<_ 0.05,<sup>_∗_</sup> p _<_ 0.1.

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