经济The Economic Implications of Learning by Doing

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The Economic Implications of Learning by Doing

文献名称	The Economic Implications of Learning by Doing
文献作者	Kenneth J. Arrow
作者所在单位	Stanford University - Department of Economics
文献分类	已发表文献
学科一级分类	经济
学科二级分类	微观经济学
文献摘要	Demonstrates that technical change is attributable to experience. The cumulative production of capital goods is used as the index of experience. New capital goods are assumed to completely embody technical change. The assumption is made that the model will be operating in an environment of full employment although reference is made throughout to the case of capital shortage. The implications of this model on wage earners are discussed, and profits and investments are examined. The rate of return is determined by the expected rate of increase in wages, current labor costs per unit output, and the physical lifetime of the investment. Learning is an act of investment that benefits future investors. Further analysis shows that the socially optimal ratio of gross investment to output is higher than the competitive level.
参考文献
关键字	Knowledge production, Learning theory, Capital goods, Experience, Technology acquisition, Human capital, Experiential learning, Organizational learning
发表所在刊物（或来源）	The Review of Economic Studies Vol. 29, No. 3 (Jun., 1962), pp. 155-173
发表时间	1962-07-01
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