Investment specific technological progress and structural change

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Opis bibliograficzny
1. autor: Araujo, Ricardo Silva Azevedo
Data wydania: 2010
Kolejni autorzy: Teixeira, Joanílio Rodolpho
Format: Article
Język: eng
Źródło: Repositório Institucional da UnB
Download full: http://repositorio.unb.br/handle/10482/27679
https://dx.doi.org/10.1590/S0101-41612010000400003
Streszczenie: In this paper we introduce investment specific technical progress into Pasinetti's model of structural change. Our aim is to assess the effects of embodied technical progress on economic growth and macroeconomic variables. Our findings suggest that despite the fact that this type of technical progress increases the productivity of capital, it has negative effects on conditions that promote full employment.

Podobne zapisy: Investment specific technological progress and structural change