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This paper revisits the important ideas proposed by Atkinson and Stiglitz's seminal 1969 paper on technological change. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological change literature, it explains how these three...
Persistent link: https://www.econbiz.de/10013055191
This paper revisits the important ideas proposed by Atkinson and Stiglitz's seminal 1969 paper on technological change. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological change literature, it explains how these three...
Persistent link: https://www.econbiz.de/10013033817
radial rate of technological change plus a vector of commodity bias parameters obtained from the distance function. The … analysis permits decomposition of sectoral productivity growth into productivity growth by commodity. The k-shifts estimated …
Persistent link: https://www.econbiz.de/10013147205