Journal Article Regional Allocation of Investment: Comment Get access Michael D. Intriligator Michael D. Intriligator The RAND Corporation, University of California, Los Angeles Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 78, Issue 4, November 1964, Pages 659–662, https://doi.org/10.2307/1879665 Published: 01 November 1964

D ISEMBODIED technical progress, output increases realized by reorganization of industry, etc., (rather than increases in factor inputs) and embodied technical progress, output increases realized by improved quality of factor inputs (both labor and capital) are estimated below for the United States, 1929 to 1958, by fitting a total output production function. Disembodied technical progress is measured by shifts in the production function; embodied technical progress is measured by weighting capital and labor input indices for quality changes (i.e., using effective factor inputs). These results represent a synthesis and extension of previous papers by R. M. Solow.'

Parameters defining Richardson-type reaction functions for missile stocks are derived, for both deterrers and attackers, as explicit functions of certain underlying technical and timing factors in a simulated missile war. With two deterrers there generally exists a stable equilibrium of mutual assured destruction, where the equilibrium missile stocks depend on technical and timing factors; with two attackers an unstable equilibrium generally exists; and with a deterrer and an attacker no equilibrium exists. Above the stable equilibrium there exists a cone of mutual deterrence, while below it there exist regions of war initiation. Arms control and disarmament measures are treated using this framework.

Evsey D. Domar, Scott M. Eddie, Bruce H. Herrick, Paul M. Hohenberg, Michael D. Intriligator, Ichizo Miyamoto, Economic Growth and Productivity in the United States, Canada, United Kingdom, Germany and Japan in the Post-War Period, The Review of Economics and Statistics, Vol. 46, No. 1 (Feb., 1964), pp. 33-40