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the claim
Empirical measurements exist for consumption and production elasticity of substitution
the verdict
SUPPORTED
the evidence backs this
refutedsupported
the weight of evidence
5 sources for · 0 against

Numerous empirical studies successfully measure both the consumption and production elasticities of substitution across various sectors and economic contexts.

Evidence for · 5
2019 · cited by 42
Estimates sectoral substitution elasticities for CES production functions using panel data.
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The analysis

The claim asserts that empirical measurements exist for both consumption and production elasticity of substitution. Multiple papers in the provided set explicitly calculate or estimate these values for consumption (e.g., intertemporal substitution of consumption) and production (CES and Cobb-Douglas production functions at sectoral and national levels). Therefore, the claim is fully supported by the evidence.

More for · 4
2017 · cited by 12
Estimates the elasticity of intertemporal substitution in consumption using a natural experiment.
2009 · cited by 5
Assesses the constant elasticity of substitution production function in aggregate production modeling.
2023 · cited by 5
Employs production functions to evaluate factor substitution and energy transition dynamics.
2025 · cited by 1
Analyzes the role of the elasticity of substitution between production factors in economic growth models.
Everything we examined (12)
We also searched for evidence AGAINST this claim, not only for it.
  1. Wide-range estimation of various substitution elasticities for CES production functions at the sectoral levelpeer-reviewedsupports
  2. Elasticity of Intertemporal Substitution in Consumption in the Presence of Inertia: Empirical Evidence from a Natural Experimentpeer-reviewedsupports
  3. Consumption, Wealth, the Elasticity of Intertemporal Substitution and Long-Run Stock Market Returnspeer-reviewedno side takennot shown: read and judged not to bear on this claim
  4. Modeling how and why aquatic vegetation removal can free rural households from poverty-disease traps.peer-reviewedno side takennot shown: read and judged not to bear on this claim
  5. Spatial Analysis of Cob-Douglas Production Function in Agriculture Sector of Nepal: An Empirical Analysispeer-reviewedno side takennot shown: read and judged not to bear on this claim
  6. UNDERSTANDING COBB-DOUGLAS PRODUCTION FUNCTION IN AGRICULTURAL ECONOMICSpeer-reviewedno side takennot shown: read and judged not to bear on this claim
  7. THE SOUTH AFRICAN AGGREGATE PRODUCTION FUNCTION: ESTIMATION OF THE CONSTANT ELASTICITY OF SUBSTITUTION FUNCTIONpeer-reviewedsupports
  8. Evaluation on substitution of energy transition—An empirical analysis based on factor elasticitypeer-reviewedsupports
  9. Does It Really Reduce Obesity? Substitution Effects of Sugar-Sweetened Beverage Tax-Empirical Evidence From China.peer-reviewedno side takennot shown: read and judged not to bear on this claim
  10. On the impacts of higher tobacco taxes in Argentina: a computable general equilibrium approach.peer-reviewedno side takennot shown: read and judged not to bear on this claim
  11. Unbalanced growth and land overvaluation.peer-reviewedsupports
  12. Impact of extreme weather events on the US domestic supply chain of food manufacturing.peer-reviewedno side takennot shown: read and judged not to bear on this claim
The paper trail · every fact has a biography
first checked05 Aug 2026
judged → SUPPORTED · 8505 Aug 2026
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