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Tagged with technological-progress solow
4 questions
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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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Origin of terms Harrod neutral, Solow neutral and Hicks neutral
I just looked for the same question on the exchange but I didn't find anything, I even tried to look for the answer on Google but it seems it's not present. Could someone give me the origin of these ...
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Three types of Neutral technological Change
Can you tell me why the isoquants changes as per pic below in the three cases of neutral technological change: i) Hicks neutral, ii) Solow neutral, iii) Harrod neutral
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Was there a Role of Technology in Macroeconomic Models before Solow?
Was the role of technological progress formalised by Solow (1956) for the first time? or at least he provided the initial formal insight into the role of technological progress in economic growth?
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