This paper studies the conditions under which the scarcity of a factor (in particular, labor) encourages technological progress and technology adoption. In standard endogenous growth models, which feature a strong scale e¤ect, an increase in the supply of labor encourages technological progress. In contrast, the famous Habakkuk hypothesis in economic history claims that technological progress w...

The purpose of this research paper is to develop a framework to understand the consumer’s preference affecting variables and consumer’s perception choice in telecommunication service providers in India. The present study use a hybrid approach to access the relative efficiency based on fuzzy AHP and DEA model. The fuzzy AHP is used to determine weights of the consumer’s preference as criteria an...

One of the most important factors affecting the future of mankind is the progress at technology. In my paper I shall ask how far human values are endangered by technological development and, conversely, how far certain restrictions placed on technology by these human values can be justified. It seems to me, however, that to specify such values and to legitimise certain restrictions on technolog...

In this paper we introduce investment specific technical progress into Pasinetti’s model of structural change. Our aim is to assess the effects of embodied technical progress on economic growth and macroeconomic variables. Our findings suggest that despite the fact that this type of technical progress increases the productivity of capital, it has negative effects on conditions that promote full...