Skilled Labor-Augmenting Technical Progress in U. S. Manufacturing
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: The Quarterly Journal of Economics
سال: 1998
ISSN: 0033-5533,1531-4650
DOI: 10.1162/003355398555810