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Labour saving technological change VS Capital saving technological change
I have been learning about technological change in relation with production functions(cobb Douglas) and isoquants and I'm very confused as the explanations can be somewhat vague and not clear enough.
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2
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Solow Model - speed of convergence
This is a question also for those with a good expertise in micro. For micro guys who wanna go streight to the question, just jump to equation $(1)$
I'm studying the Solow growth model.
Let's write the ...
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