1971 | OriginalPaper | Buchkapitel
Tentative Notes on a Two-Sector Model with Induced Technical Progress
verfasst von : C. C. Von Weizsäcker
Erschienen in: Readings in the Theory of Growth
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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In the last few years several authors have developed different theoretical models of induced technical progress. The two by now best known concepts are the technical progress function of Kaldor [5], [6] and the “ learning by doing ” function of Arrow [1]. A new type of technical progress function based on ideas of Fellner [3], [4] concerning the influence of factor markets on the direction of technical progress has recently been introduced by Kennedy [7], and the present author (in an unpublished paper; cf. [8]).