“Hicks-neutral technical progress”的概念、定义、翻译、参考文献-科学参考

Hicks-neutral technical progress

Economics

Technical progress where with any given factor proportions the average and marginal products of all factors increase in the same proportion. Thus if Y = F(K, L), where Y is output, K is labour, and L is capital, and the function F(K, L) has constant returns to scale, output after Hicks-neutral technical progress where the productivity of each factor rises to λ‎ > 1 times its former level is given by

$Y^{*} = F (λ K, λ L) = λ F (K, L) = λ Y .$

See also Harrod-neutral technical progress.

单词	Hicks-neutral technical progress
释义	Hicks-neutral technical progress Economics Technical progress where with any given factor proportions the average and marginal products of all factors increase in the same proportion. Thus if Y = F(K, L), where Y is output, K is labour, and L is capital, and the function F(K, L) has constant returns to scale, output after Hicks-neutral technical progress where the productivity of each factor rises to λ‎ > 1 times its former level is given by $Y^{} = F (λ K, λ L) = λ F (K, L) = λ Y .$ See also* Harrod-neutral technical progress.
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