Resource title

On Growth and the Direction of Technological Change

Resource image

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Resource description

Recent econometric analyses of growth in industrialized countries reveal that energy?s elasticity of production systematically exceeds its factor cost share, whereas for labor the opposite holds. The paper reviews these analyses that reflect the observed direction of technological change towards increasing automation.

Resource author

Dietmar Lindenberger

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/23151

Resource license

Adapt according to the presented license agreement and reference the original author.