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- W1998108011 abstract "The purpose of this article is to evaluate empirically the classical viability condition for East Asia, Latin America, Sub‐Saharan Africa 1980–1995, and advanced countries 1950–1992. The viability condition is proposed by Foley and Michl (1999 Foley, D.K. and Michl, T.R. 1999. Growth and Distribution, Cambridge, MA: Harvard University Press. [Google Scholar]), and is used for judging empirically which approach is more valid, the classical biased technical change approach or neoclassical production function approach. Our results acknowledge the predominance of the former, which is Foley‐Michl’s contention. However, there remains a disputable interpretation as to the case of a declining labour productivity, which is broadly seen in Latin America and Sub‐Saharan Africa during the period considered." @default.
- W1998108011 created "2016-06-24" @default.
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- W1998108011 date "2008-01-01" @default.
- W1998108011 modified "2023-09-28" @default.
- W1998108011 title "Classical biased technical change approach and its relevance to reality" @default.
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- W1998108011 doi "https://doi.org/10.1080/02692170701745903" @default.
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