A Proof of the Invalidity of Proposition 15.12 in Acemoglu (2009)

This note proves that unless the amount of scientists S= s<sub>K</sub>/η<sub>L</sub>, the proposition 15.12 in Acemoglu (2009) does not hold. Because this is an extremely restrictive requirement, it is not suitable as a proof of why the technological progress must be labor-augmenting on the BGP

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Year of publication:	2017
Authors:	Li, Defu
Publisher:	[2017]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (4 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 8, 2017 erstellt
Other identifiers:	10.2139/ssrn.2982893 [DOI]
Classification:	O33 - Technological Change: Choices and Consequences; Diffusion Processes ; O41 - One, Two, and Multisector Growth Models ; E13 - Neoclassical ; E25 - Aggregate Factor Income Distribution
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012954674