A Two-Commodity Example Of Harrod-Neutral Technical Change And The Choice Of Technique
Figure 1: Wage Curves for a Fluke Case1.0 IntroductionThis post revisits Harrod-neutral technical change, in the context ofthe choice of technique.I used Matlab code toobtain the results in this post.2.0 TechnologyThe technology (Table 1) in this exampleis a modification andextension of a reswitchin