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25 p, 88.0 KB Gerogescu-Roegen versus Solow/Stiglitz and the convergence to the Cobb-Douglas / Petith, Howard C. ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
The value of the elasticity of substitution of capital for resources is a crucial element in the debate over whether continual growth is possible. It is generally held that the elasticity has to be at least one to permit continual growth and that there is no way of estimating this outside the range of the data. [...]
2006 (Working papers ; 489.01)  
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