A Multi-Factor Uzawa Growth Theorem And Endogenous Capital-Augmenting Technological Change
نویسندگان
چکیده
منابع مشابه
Endogenous capital- and labor-augmenting technical change in the neoclassical growth model
The determinants of the direction of technical change and their implications for economic growth and economic policy are studied in the one-sector neoclassical growth model of Ramsey, Cass, and Koopmans extended to allow for endogenous capitaland labor-augmenting technical change. We develop a novel micro-foundation for the competitive production sector that rests on the idea that the fabricati...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2019
ISSN: 1556-5068
DOI: 10.2139/ssrn.3362129