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Titlebook: Readings in the Theory of Growth; a selection of paper F. H. Hahn Book 1971 Economic Study Society 1971 elections.growth.reading.review.sel

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The Adjustment of Savings to Investment in a Growing Economy,trepreneurs) with the level of savings adjusting itself to that level of investment? And, given these mechanisms, what will be the effect upon employment, output, growth, and price inflation of a policy which stimulates investment without affecting the citizens’ propensities to save?
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,Note on Uzawa’s Two-Sector Model of Economic Growth, of Uzawa’s paper. I say “ apparent ” advisedly, because the paper is in part very easy; it requires only a little arithmetic and the bare elements of the calculus of functions of one variable. Any economist who cannot read it ought at least to insist that his students do so. My first objective is t
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The Classification of Inventions, of inventions, according to which an invention is said to be neutral when it raises the marginal productivities of labour and capital in the same proportion, and is said to be labour-saving or capital-saving according as it raises the marginal productivity of capital more or less than that of labou
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Tentative Notes on a Two-Sector Model with Induced Technical Progress,e the technical progress function of Kaldor [5], [6] and the “ learning by doing ” function of Arrow [1]. A new type of technical progress function based on ideas of Fellner [3], [4] concerning the influence of factor markets on the direction of technical progress has recently been introduced by Ken
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Neoclassical Growth with Fixed Factor Proportions,tal goods, and allocated either to consumption or to use as capital goods. Allocations are irreversible: capital goods can never be directly consumed. Fixed coefficients rule: any concrete unit of capital has a given output capacity and requires a given complement of labor. Technological progress co
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