Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/104192
Authors: 
Schlicht, Ekkehart
Year of Publication: 
2006
Series/Report no.: 
Munich Discussion Paper 2006-8
Abstract: 
Uzawa (1961) has shown that balanced growth requires technological progress to be strictly Harrod neutral (purely labor-augmenting). This paper offers a slightly more general variant of the theorem that does not require assumptions about savings behavior or factor pricing and is much easier to prove.
Subjects: 
Harrod neutral
bias
technological progress
JEL: 
E13
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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