search query: @author Acemoglu, D. / total: 25
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| Author: | Acemoglu, D. |
| Title: | Directed technical change |
| Journal: | Review of Economic Studies
2002 : OCT, VOL. 69:4(241), p. 781-809 |
| Index terms: | Macroeconomics Econometric models Technological change |
| Language: | eng |
| Abstract: | The paper synthesizes some recent research on the determinants of biased technical change. The presumption is that the same economic forces - profit incentives - that affect the amount of technical change will also shape the direction of technical change, and therefore determine the equilibrium bias of technology. The author argues that this perspective helps to understand a number of otherwise puzzling patterns. |
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