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Harrodian pathology of neoclassical growth: The irrelevance of smooth factor substitution

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This research was carried out during my visit at the Department of Economics, University of Southern California, to which many thanks are due for its support of my visit. I owe very much to R. M. Solow for his criticism on my previous note [9] in correspondence, which considerably motivated this research. I greatly appreciate the valuable suggestions and comments which I received from R. H. Day while preparing the manuscript.

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Nikaido, H. Harrodian pathology of neoclassical growth: The irrelevance of smooth factor substitution. Zeitschr. f. Nationalökonomie 40, 111–134 (1980). https://doi.org/10.1007/BF01282512

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