Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/23151
Authors: 
Lindenberger, Dietmar
Year of Publication: 
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

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