Harrod on the classification of technological progress. The origin of a wild-goose chase
From the 1930s to the 1970s many economists debated the classification of technological progress into neutral, labour- or capital-saving inventions. One of them was R.F. Harrod, who defined neutral inventions as those in which the capital-output ratio remains unaffected at a certain rate of interest...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
1999-03-01
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| Series: | PSL Quarterly Review |
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| Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10623/10507 |