Construct · 1 fields · 1 citations

Uzawa growth theorem: a standalone construct

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Economic growth

the result that balanced growth with constant factor shares requires technical change to be labor augmenting in steady state.

In economic growth, Uzawa growth theorem refers to the result that balanced growth with constant factor shares requires technical change to be labor augmenting in steady state. This meaning comes from Jones (2008) in Review of Economics and Statistics.[1]

Unit
Recovery means
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Nearby constructs

balanced growth1 fields · 1 citationsanchor · a standalone construct constant2 fields · 2 citationsjingle · one word, two constructs factor3 fields · 4 citationsjingle · one word, three constructs

References

Jones, C. I., & Scrimgeour, D. (2008). A New Proof of Uzawa's Steady-State Growth Theorem. Review of Economics and Statistics, 90(1), 180-182. https://doi.org/10.1162/rest.90.1.180

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