English, Article edition: TELECOMMUNICATIONS, FACTOR SUBSTITUTION AND ECONOMIC GROWTH FRANCIS J. CRONIN; ELISABETH COLLERAN; MARK GOLD

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Physical Description
  • article
Language
  • English

Edition details

Title
  • TELECOMMUNICATIONS, FACTOR SUBSTITUTION AND ECONOMIC GROWTH
Author
  • FRANCIS J. CRONIN
  • ELISABETH COLLERAN
  • MARK GOLD
Physical Description
  • article
Notes
  • De La Grandville (1989) suggests that large elasticities of substitution between factor inputs and a change in relative prices might (i) explain historical economic growth in developing countries and (ii) account for the varying growth among sectors within economies undergoing technological change. Yuhn (1991) supports de La Grandvilles first hypothesis in his finding that Korea's economic growth relative to the United States, over a given interval, could be explained by the higher elasticities of substitution between labor and capital in Korea relative to those of the United States. This paper explores de La Grandville's second hypothesis with respect to telecommunications. Copyright 1997 Western Economic Association International.
  • RePEc:bla:coecpo:v:15:y:1997:i:3:p:21-31
Language
  • English
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