Skip to main content
SLU:s publikationsdatabas (SLUpub)
Forskningsartikel - Refereegranskat, 2013

Directed technological change and factor shares

Hart, Robert

Sammanfattning

Directed technological change (DTC) concerns how stocks of factor-augmenting knowledge evolve relative to each other. We model investment in factor-augmenting knowledge at firm level, and show that relative investment rates depend on the relative factor shares and elasticities. Furthermore, we argue that links between the knowledge stocks and substitution between final goods are crucial to the long-run evolution of the economy. (C) 2013 Elsevier B.V. All rights reserved.

Nyckelord

Growth; Directed technological change; Knowledge spillovers

Publicerad i

Economics Letters
2013, Volym: 119, nummer: 1, sidor: 77-80
Utgivare: ELSEVIER SCIENCE SA

    UKÄ forskningsämne

    Economics

    Publikationens identifierare

    DOI: https://doi.org/10.1016/j.econlet.2013.01.028

    Permanent länk till denna sida (URI)

    https://res.slu.se/id/publ/41808