Labor productivity and obsolete skills in a growth model with production by layers Abstract Purpose–The purpose of this paper is to study the growth dynamics in a model where labor productivity is shaped by two forces. On one hand, it is determined by the extent in which available technology has been already explored. On the other hand, some labor skills may become obsolete, jeopardizing the ...
| Year of publication: |
2014
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|---|---|
| Authors: | Gomes, Orlando |
| Published in: |
Journal of Economic Studies. - Emerald Group Publishing. - Vol. 3.2014, 41, p. 431-452
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| Publisher: |
Emerald Group Publishing |
| Subject: | Economic Growth | Labour productivity | Technological change | Hierarchical organization | Obsolete skills | Utility maximization |
| Extent: | text/html |
|---|---|
| Type of publication: | Article |
| Source: |
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010933490