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Topical Terminology > Labor Augmenting



1 Definition

Labor Augmenting

For Labor Augmenting we have a term and definition in International Economics.



Labor Augmenting (International Economics)

Said of a technological change or technological difference if one production function produces the same as if it were the other, but with a larger quantity of labor. Same as factor augmenting with labor the augmented factor. Also called Harrod neutral.




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