Productivity and technical change according to Salter – A note

Amavilah, Voxi Heinrich (2015): Productivity and technical change according to Salter – A note.

Abstract

Salter’s simple and clear explanation of productivity and how it relates to technical change has anchored many elaborate and fancy growth and change analyses. Unfortunately many of these elaborations do not even reference Salter. They should. This note shows that some old ideas are like wine which gets better with age.

• Item Type: MPRA Paper
• Language: English
• Keywords: Salter and productivity; Salter and technical change; productivity and technical change
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity

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