Uzawa(1961)’s Steady-State Theorem in Malthusian Model

Defu Li () and Jiuli Huang

MPRA Paper from University Library of Munich, Germany

Abstract: This paper proves that there is a similar Uzawa (1961) steady-state growth theorem in a Malthusian model: If that model possesses steady-state growth, then technical change must be purely land-augmenting and cannot include labor augmentation.

Keywords: Malthusian Model; Neoclassical Growth Model; Uzawa’s Steady-State Theorem (search for similar items in EconPapers)
JEL-codes: O33 O41 (search for similar items in EconPapers)
Date: 2014-04
New Economics Papers: this item is included in nep-evo and nep-gro
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:55329

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