Technical Progress and Long-Run Growth

Rivista di Politica Economica Selected Paper From n. 3 1969

46 Pages Posted: 23 Sep 2009 Last revised: 18 Oct 2009

See all articles by Alberto Chilosi

Alberto Chilosi

University of Pisa

Stanislaw Gomulka

London School of Economics & Political Science (LSE)

Date Written: December 1, 1969

Abstract

The types of technical progress currently referred to in the theory of economic growth will be passed in review and their relations studied in detail. Light will also be shed on the dependence of the long-run rate of growth, in the presence of a constant rate of saving, on the type of technical progress taking place in the economy, both in the most general case and in that of an aggregate C.E.S. production function; what happens in this respect in the case when technical progress is Harrod neutral is well known, the same cannot be said of the case when technical progress is not Harrod neutral.

Keywords: Technical progress, growth theory, neoclassical growth model

JEL Classification: 030, 041

Suggested Citation

Chilosi, Alberto and Gomulka, Stanislaw, Technical Progress and Long-Run Growth (December 1, 1969). Rivista di Politica Economica Selected Paper From n. 3 1969. Available at SSRN: https://ssrn.com/abstract=1476439 or http://dx.doi.org/10.2139/ssrn.1476439

Alberto Chilosi (Contact Author)

University of Pisa ( email )

via S. Andrea 48
Pisa, PI 56127
Italy
+3475907176 (Phone)

HOME PAGE: http://chilosi.it

Stanislaw Gomulka

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

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