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- W2066703062 abstract "The amount of labor used per unit of capital stock (or investment) can be varied by any one of four quite different mechanisms. Two of these – changes in crew size and in capital utilization – are variable even ex post . These mechanisms are systemmatically related and all induce factor substitution in the same (neoclassical) direction with a change in relative factor prices. The conditions necessary to support the view that ‘factor prices don't matter’ are shown to be terribly stringent." @default.
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- W2066703062 date "1974-09-01" @default.
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- W2066703062 title "Factor substitution, ex ante and ex post" @default.
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- W2066703062 doi "https://doi.org/10.1016/0304-3878(74)90004-2" @default.
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