Article ID Journal Published Year Pages File Type
5059962 Economics Letters 2013 4 Pages PDF
Abstract
► Relative investment in factor-augmenting knowledge equals relative factor shares. ► Links between knowledge stocks are crucial to the long-run evolution of the economy. ► These links are too frequently ignored, implicitly assumed to be non-existent. ► Substitution between final goods differing in factor intensity is key in the long-run.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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