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| Defu Li and Jiuli Huang |
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| ''A variant of Uzawa's steady-state theorem in a Malthusian model'' |
| ( 2016, Vol. 36 No.3 ) |
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| This paper provides a variant of Uzawa's (1961) steady-state theorem in a Malthusian model. Provided that the Malthusian model possesses a steady-state, technical change must be purely land-augmenting and cannot include labor augmentation. |
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| Keywords: Malthusian Model, Neoclassical Growth Model, Uzawa's Steady-State Theorem, Direction of Technical Change |
JEL: O4 - Economic Growth and Aggregate Productivity: General
O3 - Technological Change; Research and Development: General |
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| Manuscript Received : May 20 2016 | | Manuscript Accepted : Jul 17 2016 |
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