Abstract
The expanding car industry has revealed an increase in the use of robots and machines together with a decrease in labor. This phenomenon refocuses attention on the possible existence of labor as an inferior input with robots as rival technical alternatives. In our paper we suggest a specific production function that allows for inferior inputs. We verify the general conditions that have been developed in past research.
Original language | English |
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Pages (from-to) | 503-515 |
Number of pages | 13 |
Journal | Manchester School |
Volume | 68 |
Issue number | 5 |
DOIs | |
State | Published - Sep 2000 |