Labor and capital augmenting technical change

I analyze an economy in which profit-maximizing firms can undertake both labor- or capital-augmenting technological improvements. In the long run, the economy looks like the standard growth model with purely labor-augmenting technical change, and the share of labor in GDP is constant. Along the tran...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Acemoglu, Daron 1967- (VerfasserIn)
Format:	Buch
Sprache:	English
Veröffentlicht:	Cambridge, Mass. 2000
Schriftenreihe:	National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 7544
Schlagworte:	Politik Capital investments Capital levy Capital productivity > Effect of technological innovations on Factor proportions > Effect of technological innovations on Labor policy Labor productivity > Effect of technological innovations on Labor supply > Effect of technological innovations on Technological innovations > Economic aspects Wages > Government policy
Online-Zugang:	kostenfrei
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