A Variant of Uzawa's Theorem

Ekkehart Schlicht ()

Discussion Papers in Economics from University of Munich, Department of Economics

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.

Keywords: Harrod neutral; bias; technological progress (search for similar items in EconPapers)
JEL-codes: E13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mac
Date: 2006-02
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Related works:
Journal Article: A Variant of Uzawa's Theorem (2006)
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Persistent link: http://EconPapers.repec.org/RePEc:lmu:muenec:897

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