Studies on Russian Economic Development

Studies on Russian Economic Development

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Considering these factors, the approximate forecast for the share of manual labor by 2010-2015 looks like this (Table 8). ... structural policy on capital-intensive and science-intensive technologies, enlarging the range of disposable goods and spare parts, and so on. ... the constant elasticity of substitution is observed; that is, capital may always be replaced in definite proportions by labor and vise versa.

Title:Studies on Russian Economic Development
Publisher: - 2004


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