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A Model for Long-run Forecasts of Employment in Industrial Sectors

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The Employment Consequences of Technological Change

Abstract

This chapter presents a simple model for the time path of the demand for labour in a sector in the economy. The model is general in the sense that it can be used for all factors of production, but it has special relevance for labour.

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References

  • Aitchinson, I. and I. A. C. Brown (1954) ‘A Synthesis of Engel Curve Theory’, Review of Economic Studies, vol. 22, pp. 35–46.

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  • Prais, S. L. (1954) ‘Non-linear Estimates of the Engel Curve’ Review of Economic Studies, vol. 20, pp. 87–104.

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  • Wold, H. (1952) Demand Analysis (Stockholm: Almqvist and Wiksell).

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© 1983 Derek L. Bosworth

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Wibe, S. (1983). A Model for Long-run Forecasts of Employment in Industrial Sectors. In: Bosworth, D.L. (eds) The Employment Consequences of Technological Change. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06089-4_10

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