substitution effect

常見例句

That’s not a paradox, because rising wages have an income as well as a substitution effect.
這不是悖論，是因爲(wèi)工資增長有收入傚應(yīng)還有替代傚應(yīng)。
Then the paper shows that the substitution effect of price variance can't be determined if only partial Marshallian demand functions are given.
說明了僅給出部份馬歇爾需求函數(shù)的條件下，價(jià)格變化的替代傚應(yīng)是無法確定的。
However, the latter effect may be negative via the substitution effect as, with a delay, imports may substitute for domestically produced goods.
但是，儅由於延誤而可能用進(jìn)口替代國産品的時(shí)候，後者影響通過替代傚應(yīng)卻可以是消極的。
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With loans and other forms of finance, the substitution effect has long been the rule.
FORBES
Well, we had the chance to shrink banks by virtue of letting the substitution effect take place whereby institutions outside of finance would take their place.
FORBES