Abstract
Abstract. Salter’s simple and clear explanation of productivity and how it relates to technical change has anchored many elaborate and fancy growth and change analyses. Unfortunately many of these elaborations do not even reference Salter. They should. This note shows that some old ideas are like wine which gets better with age.
Keywords. Salter and productivity; Salter and technical change; productivity and technical change.
JEL. O30, 040.References
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