| Schlicht, Ekkehart (2006): A Variant of Uzawa's Theorem. Discussion Papers in Economics 2006-8 |
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360Kb |
Abstract
Uzawa (1961) has shown that balanced growth requires technological progress to be strictly Harrod neutral (purely labor-augmenting). This paper offers a slightly more general variant of the theorem that does not require assumptions about savings behavior or factor pricing and is much easier to prove.
| Item Type: | Paper (Discussion Paper) |
|---|---|
| Published in: | Economics Bulletin, No. 6, Vol. 5, 2006: pp. 1-5. |
| Keywords: | Harrod neutral; bias; technological progress |
| Collections: | Economics Economics > Discussion Papers in Economics Economics > Discussion Papers in Economics > Macro-Economics Economics > Discussion Papers in Economics > Mathematical Methods |
| Subjects: | 300 Social sciences > 300 Social sciences, sociology and anthropology 300 Social sciences > 330 Economics |
| JEL Classification: | E13 |
| URN: | urn:nbn:de:bvb:19-epub-897-7 |
| Language: | English |
| ID Code: | 897 |
| Deposited On: | 27. Feb 2006 |
| Last Modified: | 24. May 2012 19:37 |
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