Technical Progress in the Capital Goods and Consumer Goods Sectors of the United States.

V. D. Taylor

Expert InsightsPublished 1964

Presentation of a method to fit two-sector growth models to actual data that can be used to study the empirical implications of the models. Included are estimates of the historical course of technical progress in the consumer and capital goods sectors of the United States during the period 1929-1955. 25 pp.

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Taylor, V. D., Technical Progress in the Capital Goods and Consumer Goods Sectors of the United States. Santa Monica, CA: RAND Corporation, 1964. https://www.rand.org/pubs/papers/P3012.html.
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