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the claim

Empirical measurements exist for consumption and production elasticity of substitution

the verdict
SUPPORTED
the evidence backs this
Recorded sources
5 sources for · 0 against

Counts group repeated records of the same source within each side. They do not measure evidence strength or source independence.

Is it true that empirical measurements exist for consumption and production elasticity of substitution?

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

Verdict: SUPPORTED · 5 sources for, 0 against · Last checked

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.

Evidence for · 5
2019
Estimates sectoral substitution elasticities for CES production functions using panel data.
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Antoszewski, M. (2019). Wide-range estimation of various substitution elasticities for CES production functions at the sectoral level. doi.org. https://doi.org/10.1016/J.ENECO.2019.07.016

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More for · 4
2017
Estimates the elasticity of intertemporal substitution in consumption using a natural experiment.
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Kapoor, M. & Ravi, S. (2017). Elasticity of Intertemporal Substitution in Consumption in the Presence of Inertia: Empirical Evidence from a Natural Experiment. doi.org. https://doi.org/10.1287/mnsc.2016.2564

2009
Assesses the constant elasticity of substitution production function in aggregate production modeling.
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Bonga‐bonga, L. (2009). THE SOUTH AFRICAN AGGREGATE PRODUCTION FUNCTION: ESTIMATION OF THE CONSTANT ELASTICITY OF SUBSTITUTION FUNCTION. doi.org. https://doi.org/10.1111/j.1813-6982.2009.01208.x

2023
Employs production functions to evaluate factor substitution and energy transition dynamics.
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Li, L., Xiong, W., Duan, W., & Xiong, Y. (2023). Evaluation on substitution of energy transition—An empirical analysis based on factor elasticity. doi.org. https://doi.org/10.3389/fenrg.2022.1068936

2025
Analyzes the role of the elasticity of substitution between production factors in economic growth models.
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T, H. & AA, T. (2025). Unbalanced growth and land overvaluation.. doi.org. https://doi.org/10.1073/pnas.2423295122

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What does the evidence say?

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.

Receipt History
first checked05 Aug 2026
judged → SUPPORTED · 8505 Aug 2026
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