Capital deepening response in an economy with heterogeneous capital goods
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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...
CitationBurmeister, Edwin and Turnovsky, S. J. Capital deepening response in an economy with heterogeneous capital goods. The American Economic Review. 62.5 (1972): 842-853.
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