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Schlicht, Ekkehart ORCID logoORCID: https://orcid.org/0000-0001-8227-5451 (February 2006): A Variant of Uzawa's Theorem. Discussion Papers in Economics 2006-8 Economics Bulletin, 5 [PDF, 369kB]


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.

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