Capital Accumulation, Labor Saving, and Labor Absorption Once More

Jeffrey G. Williamson

The Quarterly Journal of Economics, 1971, vol. 85, issue 1, 40-65

Abstract: I. Introduction, 40.—II. A neoclassical approach to labor absorption with factor price variability, 42.—III. Asian history and simulation: a look at the models' predictions, 49.—IV. Estimation with Philippine manufacturing data, 54.—V. Conclusion, 64.

Date: 1971
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