Empirical Estimation of CES Elasticity of Substitution for AI-Augmented Production
Abstract
Empirical estimation of sector-specific CES elasticity of substitution for AI-augmented production. OECD panel: 34 countries × 6 sectors × 2000–2023 Methods: First-differenced OLS (GMM-style) + Bayesian prior-data compromise Key finding: calibrated σ overestimated 2–9×; monetary regime dominates over σ calibration ABM sensitivity confirms qualitative robustness of the acceleration paradox 15-page paper, 8 figures, 3 tables
Fields of Study & Subjects
Economic Growth and Productivity
Monetary Policy and Economic Impact
Labor market dynamics and wage inequality
Publication details
- Journal / source
- Zenodo (CERN European Organization for Nuclear Research)
- Publication date
- 23 February 2026
- Language
- EN