Technical progress and the responses of an illyrian firm

Shoji Haruna

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

This paper explores the behavioral properties of an Illyrian firm when technical progress occurs. The responses of the firm differ from those of a capitalist firm. If technical progress is Harrod-neutral, then the Illyrian firm keeps capital and output constant but reduces employment. The problem of technological unemployment is thus generated. This problem will be, in fact, a short-run one but not always a long-run one, because, as a result of the technical progress, new cooperatives enter an Illyrian industry and hence an opportunity for employment is created in the industry as a whole.

Original languageEnglish
Pages (from-to)142-149
Number of pages8
JournalJournal of Comparative Economics
Volume15
Issue number1
DOIs
Publication statusPublished - 1991

Fingerprint

Technical progress
Industry
Unemployment
Short-run

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

Technical progress and the responses of an illyrian firm. / Haruna, Shoji.

In: Journal of Comparative Economics, Vol. 15, No. 1, 1991, p. 142-149.

Research output: Contribution to journalArticle

Haruna, Shoji. / Technical progress and the responses of an illyrian firm. In: Journal of Comparative Economics. 1991 ; Vol. 15, No. 1. pp. 142-149.
@article{47579265b52946b4bb09bfa707bfdd1f,
title = "Technical progress and the responses of an illyrian firm",
abstract = "This paper explores the behavioral properties of an Illyrian firm when technical progress occurs. The responses of the firm differ from those of a capitalist firm. If technical progress is Harrod-neutral, then the Illyrian firm keeps capital and output constant but reduces employment. The problem of technological unemployment is thus generated. This problem will be, in fact, a short-run one but not always a long-run one, because, as a result of the technical progress, new cooperatives enter an Illyrian industry and hence an opportunity for employment is created in the industry as a whole.",
author = "Shoji Haruna",
year = "1991",
doi = "10.1016/0147-5967(91)90111-6",
language = "English",
volume = "15",
pages = "142--149",
journal = "Journal of Comparative Economics",
issn = "0147-5967",
publisher = "Academic Press Inc.",
number = "1",

}

TY - JOUR

T1 - Technical progress and the responses of an illyrian firm

AU - Haruna, Shoji

PY - 1991

Y1 - 1991

N2 - This paper explores the behavioral properties of an Illyrian firm when technical progress occurs. The responses of the firm differ from those of a capitalist firm. If technical progress is Harrod-neutral, then the Illyrian firm keeps capital and output constant but reduces employment. The problem of technological unemployment is thus generated. This problem will be, in fact, a short-run one but not always a long-run one, because, as a result of the technical progress, new cooperatives enter an Illyrian industry and hence an opportunity for employment is created in the industry as a whole.

AB - This paper explores the behavioral properties of an Illyrian firm when technical progress occurs. The responses of the firm differ from those of a capitalist firm. If technical progress is Harrod-neutral, then the Illyrian firm keeps capital and output constant but reduces employment. The problem of technological unemployment is thus generated. This problem will be, in fact, a short-run one but not always a long-run one, because, as a result of the technical progress, new cooperatives enter an Illyrian industry and hence an opportunity for employment is created in the industry as a whole.

UR - http://www.scopus.com/inward/record.url?scp=36049013782&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=36049013782&partnerID=8YFLogxK

U2 - 10.1016/0147-5967(91)90111-6

DO - 10.1016/0147-5967(91)90111-6

M3 - Article

VL - 15

SP - 142

EP - 149

JO - Journal of Comparative Economics

JF - Journal of Comparative Economics

SN - 0147-5967

IS - 1

ER -