Input Substitution and Technical Change In U.S. High Tech Industries

Document Type

Article

Publication Date

1-1-1990

Journal / Book Title

Economic Letters

Abstract

The paper shows that in U.S. high-tech industry sector, capital and non-production worker are complementary to each other. Capital and production worker, however, are substitutes. Also, technical change in the sector concerned is material using and capital and labor saving. The major saving is in production worker.

DOI

10.1016/0165-1765(90)90067-B

Published Citation

Diwan, R., & Chakraborty, C. (1990). Input substitution and technical change in US high tech industries. Economics Letters, 32(2), 141-145.

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