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

Authors

Romesh Diwan, Rensselaer Polytechnic Institute
Chandana Chakraborty, Montclair State UniversityFollow

Document Type

Article

Publication Date

1-1-1990

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

MSU Digital Commons Citation

Diwan, Romesh and Chakraborty, Chandana, "Input Substitution and Technical Change In U.S. High Tech Industries" (1990). Department of Economics Faculty Scholarship and Creative Works. 31.
https://digitalcommons.montclair.edu/economics-facpubs/31