Construct · 1 fields · 1 citations

Verdoorn's law: a standalone construct

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

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Verdoorn'slaw1 CONSTRUCTVerdoorn's lawROWTHORN · ECONOMICS OF

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Economics of innovation and growth

the empirical link between faster output growth and faster labor productivity growth in manufacturing, read as evidence of increasing returns.

In economics of innovation and growth, Verdoorn's law refers to the empirical link between faster output growth and faster labor productivity growth in manufacturing, read as evidence of increasing returns. This meaning comes from Rowthorn (1975) in The Economic Journal.[1]

Unit
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Nearby constructs

evidence2 fields · 4 citationsjingle · one word, two constructsgrowth4 fields · 4 citationsjingle · one word, four constructsinnovation6 fields · 11 citationsjingle · one name, six constructs

References

  1. Rowthorn, R. E. (1975). What Remains of Kaldor's Law? The Economic Journal, 85(337), 10. https://doi.org/10.2307/2230525

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