Kaldor's technical progress function revisited

Here, Kaldor's technical function is re-examined and a model that can be used to test the shape of the function is introduced and tested. The results obtained conclusively refute the hypothesis that suggests the technical progress function is linear and confirm Kaldor's original hypothesis that suggests it is “convex upwards”.

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Year of publication:	1995
Authors:	Bairam, Erkin
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 2.1995, 9, p. 302-304
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009277451