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http://hdl.handle.net/10419/23151
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| Title: | | On Growth and the Direction of Technological Change  |
| Authors: | | Lindenberger, Dietmar |
| Issue Date: | | 2003 |
| Series/Report no.: | | EWI Working Paper 03.03 |
| Abstract: | | Recent econometric analyses of growth in industrialized countries reveal that energy?s elasticity of production systematically exceeds its factor cost share, whereas for labor the opposite holds. The paper reviews these analyses that reflect the observed direction of technological change towards increasing automation. |
| Subjects: | | Production Factor Energy Economic Growth Technological Change Progress of Automation |
| JEL: | | O30 Q43 D30 |
| Document Type: | | Working Paper |
| Appears in Collections: | | EWI-Arbeitspapiere, Energiewirtschaftliches Institut, Universität Köln
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