According to Robinson-Uzawa theorem, steady state growth is possible if the technical progress is :

Group DiscussionCategory: EconomicsAccording to Robinson-Uzawa theorem, steady state growth is possible if the technical progress is :
Pandey Vikash Gautam Staff asked 8 months ago

According to Robinson-Uzawa theorem, steady state growth is possible if the technical progress is :
(1) only Hicks neutral
(2) only Harrod neutral
(3) only Solow neutral
(4) Both Hicks and Harrod neutral

1 Answers
Pandey Vikash Gautam Staff answered 8 months ago

(2) only Harrod neutral