Embodied Technical Change and Productivity in the United States 1929-1958
The Review of Economics and Statistics
1965
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.'
- DOI
- 10.2307/1924123
- Volume
- 47 (1)
- Pages
- 65
- Export
- BibTeX
- Sources
- openalex crossref