Capital deepening response in an economy with heterogeneous capital goods

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Date

1972

Authors

Burmeister, Edwin

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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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Burmeister, 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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