Type of substitution elasticity | Notation | Value | Source |
between domestic and imported goods | sdm | 1.0 - 3.0 | Cossa (2004) |
between imported goods | smm | 0.5 - 5.0 | Cossa (2004) |
between energy and non-energy (labor-capital bundle) inputs | e_kl | 0.6 - 1.0 | Cossa (2004) |
between labor and capital | l_k | 1.0 | Cossa (2004) |
between electricity and fossil energy bundle for the aggregated energy | noe_el | 1.5 | Expert elicitation |
between fossil energy inputs for the fossil energy bundle | esube | 1.0 | Cossa (2004) |
between conventional fossil generations | enesta | 1.5 | Cossa (2004) |
between natural resource and other inputs | esup | 0.3 - 0.5 | Cossa (2004) |
between wind power and other aggregated generation | elas_w | 1.0 - 4.0 | Expert elicitation |
between solar power and other aggregated generation | elas_s | 1.0 - 4.0 | Expert elicitation |