2021
DOI: 10.1007/s40844-021-00199-0
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Capital-labor conflict in the Harrodian model

Abstract: This study aims to consider the effect of capital-labor conflict in the Harrodian model. For this purpose, we incorporate a Bhaduri–Marglin-type investment function, reserve army effect, and technological change in the Harrodian model. Using this model, we find that not only both the reserve army effect and a Bhaduri–Marglin-type investment function but also technological change are needed for a stable Harrodian model. Second, the degree of technological change must lie within a specific range for the model to… Show more

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Cited by 2 publications
(1 citation statement)
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“…Digital health care services (DHS) are new public health practices in the digital age that utilize advanced information and communication technologies to enhance the ability of health providers to give remote and timely patient monitoring, interaction, and management (6). DHS has been reported to have both positive and negative impacts on older patients' HI in existing papers.…”
Section: Introductionmentioning
confidence: 99%
“…Digital health care services (DHS) are new public health practices in the digital age that utilize advanced information and communication technologies to enhance the ability of health providers to give remote and timely patient monitoring, interaction, and management (6). DHS has been reported to have both positive and negative impacts on older patients' HI in existing papers.…”
Section: Introductionmentioning
confidence: 99%