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Linear versus nonlinear technical progress: theory and some evidence

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  • Erkin Bairam

Abstract

In this paper the theory of technical progress functions is briefly examined and its appropriate shape is tested. The main conclusion reached is that linearity is not supported by the data.

Suggested Citation

  • Erkin Bairam, 1999. "Linear versus nonlinear technical progress: theory and some evidence," Applied Economics Letters, Taylor & Francis Journals, vol. 6(5), pages 283-286.
    • Handle: RePEc:taf:apeclt:v:6:y:1999:i:5:p:283-286
    DOI: 10.1080/135048599353230
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    References listed on IDEAS

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    1. Bairam, Erkin, 1991. "Elasticity of Substitution, Technical Progress and Returns to Scale in Branches of Soviet Industry: A New CES Production Function Approach," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 6(1), pages 91-96, Jan.-Marc.
    2. King, Robert G. & Levine, Ross, 1994. "Capital fundamentalism, economic development, and economic growth," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 40(1), pages 259-292, June.
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