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dynamic increasing returns to scale. Kaldor's third law purports that overall growth is positively correlated to employment … growth in manufacturing output, and negatively correlated to employment in non-manufacturing sectors. The empirical results …
Persistent link: https://www.econbiz.de/10010320573
dynamic increasing returns to scale. Kaldor's third law purports that overall growth is positively correlated to employment … growth in manufacturing output, and negatively correlated to employment in non-manufacturing sectors. The empirical results …
Persistent link: https://www.econbiz.de/10004977335