Tabakovic, Amer; Irmen, Andreas - Verein für Socialpolitik - VfS - 2014
The determinants of the direction of technical change and the implications for economic growth are studied in the one-sector neoclassical growth model of Ramsey (1928), Cass (1965), and Koopmans (1965) extended to allow for endogenous capital- and labor-augmenting technical change. For this...