Blien, Uwe; Sanner, Helge - In: Economics Bulletin 34 (2014) 1, pp. 245-251
Since the days of David Ricardo economists have discussed the effects of technological progress on employment. Due to a theorem which can be traced back at least to Neisser (1942), these effects can be related to the elasticity of product demand. In this paper we prove the theorem formally in a...