Construct · 1 fields · 1 citations

putty-clay model: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Macroeconomics

vintage capital model in which factor proportions can be chosen before installation but are fixed once capital is in place.

In macroeconomics, putty-clay model refers to vintage capital model in which factor proportions can be chosen before installation but are fixed once capital is in place. This meaning comes from Johansen (1959) in Econometrica.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how putty-clay model sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

capital2 fields · 3 citationsjingle · one word, two constructs factor3 fields · 4 citationsjingle · one word, three constructs model3 fields · 3 citationsjingle · one word, three constructs

References

Johansen, L. (1959). Substitution versus Fixed Production Coefficients in the Theory of Economic Growth: A Synthesis. Econometrica, 27(2), 157. https://doi.org/10.2307/1909440

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct