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Journal of Political Economy Vol. 101 No. 4 1993

Decomposing Learning by Doing in New Plants

Byong-Hyong Bahk; Michael Gort

Abstract

The paper examines learning by doing in the context of a production function in which the other arguments are labor, human capital, physical capital, and vintage as a proxy for embodied technical change in physical capital. Learning is further decomposed into organization learning, capital learning, and manual task learning. The model is tested with time-series and cross-section data for various samples of up to 2,150 plants over a 14-year period.

Volume
101
Issue
4
Pages
561-583
Sources
bibtex:phds-export.bib

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