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Capital-Skill Complementarity, Biased Technological Change, and Balanced Growth
https://u-hyogo.repo.nii.ac.jp/records/6315
https://u-hyogo.repo.nii.ac.jp/records/63150d42128b-5978-40e0-9055-d86c98ee0a94
名前 / ファイル | ライセンス | アクション |
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DP本文No.125 (425.2 kB)
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Item type | プレプリント / Preprint(1) | |||||
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公開日 | 2021-06-08 | |||||
タイトル | ||||||
言語 | en | |||||
タイトル | Capital-Skill Complementarity, Biased Technological Change, and Balanced Growth | |||||
言語 | ||||||
言語 | eng | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Elasticity of substitution | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Two-level CES function | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Capital augmenting technological change | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Skilled labor | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Skill-biased technological change | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_1843 | |||||
資源タイプ | other | |||||
抄録 | ||||||
値 | Grossman et al. (2017a)は生産要素間の代替の弾力性が1でなく、資本増大的技術進歩が起こるもとでも、均斉成長経路(BGP)の存在を示している。しかし、彼らのモデルの教育水準の表現は曖昧である。本稿では2段階CES型に特定された資本、熟練労働及び未熟練労働の3要素生産関数を用いたより明確な定式化のもと、同様の帰結を表している。また、代替の弾力性の大きさについて資本熟練補完の実証研究で支持される範囲を表すことができる。 | |||||
内容記述 | ||||||
値 | Grossman et al. (2017a) shows that balanced growth path (BGP) exists even when the elasticity of substitution between factors is not unity and capital-biased technological change occurs. However, their model is ambiguous in the expression of education. Our studies show that three-factor production function of capital, skilled labor and unskilled labor which is specified as a Two-Level CES function can provide some conclusion. It can also represent the extent supported by empirical studies of capital-skill complementarity for elasticity of substitution between factors. | |||||
書誌情報 |
en : Discussion Paper 号 125, p. 1-17, 発行日 2021-03 |
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出版者 | ||||||
値 | Institute for Policy Analysis and Social Innovation,University of Hyogo | |||||
書誌レコードID | ||||||
値 | AA12111015 | |||||
著者版フラグ | ||||||
値 | publisher |