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Capital deepening response in an economy with heterogeneous capital goods
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Capital deepening response in an economy with heterogeneous capital goods
Burmeister, Edwin
;
Turnovsky, S. J
URI:
http://hdl.handle.net/10161/2098
Date:
1972
Abstract:
Capital deepening is an important con- cept in traditional capital theory. In a one-sector model it has an unambiguous definition, describing an increase in the physical capital-labor ratio...
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