Linear versus nonlinear technical progress: theory and some evidence
- 1 May 1999
- journal article
- research article
- Published by Taylor & Francis in Applied Economics Letters
- Vol. 6 (5) , 283-286
- https://doi.org/10.1080/135048599353230
Abstract
In this paper the theory of technical progress functions is briefly examined and its appropriate shape is tested. The main conclusion reached is that linearity is not supported by the data.Keywords
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