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Social Sciences x Economic Development and Growth x General Equilibrium and Disequilibrium x Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling x clear all

Labour productivity and the law of decreasing labour content

Peter Flaschel, Reiner Franke and Roberto Veneziani.

in Cambridge Journal of Economics

March 2013; p ublished online October 2012 .

Journal Article. Subjects: Technological Change; Research and Development; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; Economic Methodology; General Equilibrium and Disequilibrium. 10740 words.

This paper analyses labour productivity and the law of decreasing labour content (LDLC) originally formulated by Farjoun and Machover. While accepting the validity of that law, it shows...

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