Arbeitspapier

A Variant of Uzawa's Theorem

Uzawa (1961) has shown that balanced growth requires technological progress to be strictly Harrod neutral (purely labor-augmenting). This paper offers a slightly more general variant of the theorem that does not require assumptions about savings behavior or factor pricing and is much easier to prove.

Language
Englisch

Bibliographic citation
Series: Munich Discussion Paper ; No. 2006-8

Classification
Wirtschaft
General Aggregative Models: Neoclassical
Subject
Harrod neutral
bias
technological progress

Event
Geistige Schöpfung
(who)
Schlicht, Ekkehart
Event
Veröffentlichung
(who)
Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät
(where)
München
(when)
2006

DOI
doi:10.5282/ubm/epub.897
Handle
URN
urn:nbn:de:bvb:19-epub-897-7
Last update
10.03.2025, 11:44 AM CET

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Object type

  • Arbeitspapier

Associated

  • Schlicht, Ekkehart
  • Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät

Time of origin

  • 2006

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