Labour and capital saving technical change in telecommunications
نویسندگان
چکیده
منابع مشابه
Labor- and Capital-augmenting Technical Change
I analyze an economy in which firms can undertake both laborand capital-augmenting technological improvements. In the long run, the economy resembles the standard growth model with purely labor-augmenting technical change, and the share of labor in GDP is constant. Along the transition path, however, there is capital-augmenting technical change and factor shares change. Tax policy and changes i...
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ژورنال
عنوان ژورنال: Applied Economics
سال: 2002
ISSN: 0003-6846
DOI: 10.1080/00036840210126188