1. Thereafter, however, there has been a dominant substitution effect.

2. The substitution effect leads to cheaper leisure being substituted for work, i.e. less work.

3. As wage rates rise, if the substitution effect dominates, the end result is falling consumption of time-intensive commodities.

4. It promotes the income effect, substitution effect and finance effect aroused by tax.

5. If we assume that the substitution effect is stronger, then workers will choose to work more and play less, which makes sense, since a higher wage would give workers more incentive to work.

6. We find that technological progress has a strong substitution effect of capital in capital intensive industry.

7. When the wealth effect is smaller than the substitution effect, the stock price negatively correlated with inflation.

8. Then the paper shows that the substitution effect of price variance can't be deter...

9. There is also a high product substitution effect in the innovative and fast moving IT consumables market.

10. Then the paper shows that the substitution effect of price variance can't be determined if only partial Marshallian demand functions are given.

11. The second level carries on the analysis the substitution effect of the hydropower development, by virtue of the pulse response function using the VAR model based on the first level foundation.

12. It is possible, as shown, for the output effect to outweigh the substitution effect.

13. Some workers did, however, appear to respond as the substitution effect predicted.

14. It predicts precisely the opposite human response to the substitution effect - higher taxes increase incentives to work.

15. It seems logical to suggest, therefore, that the income effect will continue to outweigh the substitution effect.

16. As the price of a commodity rises,[sentencedict.com] overall purchasing power decreases (the income effect) and consumers move toward relatively less expensive goods (the substitution effect).

17. Under any open binary economical situation, farmland market circulation rate holds certain substitution effect on land redistribution.

18. Though FDI promotes the import of end products in the long run, it has substitution effect in the short run.

19. When finance industry opens completely, the banking industry of China will inevitably face the substitution effect of customer and credit risk as well as the substitution effect of profit.

20. That's not a paradox, because rising wages have an income as well as a substitution effect.

21. This article believes that foreign direct investment has both trade creation effect and trade substitution effect.

22. The consumption effect of the interest rise depends on the substitution effect and the income effect.sentence dictionary

23. I wouldn't be surprised if PCs are turning out to be more robust because of a bit of a substitution effect.

24. The united tax system will have different influence on the economic of every district because of the substitution effect of taxation.

25. In the short term may not form a prominent substitution effect, from long-term look is positive.

26. The complementary effect is much more notable than the substitution effect between FDI and trade. There exists stupendously consistency between FDI and trade in all the provinces.

27. Since the welfare budget constraint is flatter, there is a substitution effect away from consumption and towards leisure.

28. The income effect is far more powerful than the substitution effect.

29. The results suggest that there is no wealth effect in the market but only substitution effect.