Macroeconomic models assume technological change is labor-augmenting to achieve balanced growth

the verdict

SUPPORTED

the evidence backs this

Recorded sources

3 sources for · 0 against

Counts group repeated records of the same source within each side. They do not measure evidence strength or source independence.

Macroeconomic growth models frequently assume that technological change is labor-augmenting in order to maintain a stable balanced growth path and consistent factor income shares.

The analysis

The claim is a specific, well-established premise in macroeconomic theory regarding how growth models are constructed to yield steady-state balanced growth. Papers [0], [1], and [4] all explicitly discuss or utilize the standard macroeconomic assumption of labor-augmenting technical change (or examine its necessity for steady-state growth), directly supporting the claim. No papers refute it.

Evidence for · 3

Endogenous capital- and labor-augmenting technical change in the neoclassical growth model

Recorded source metadata

Andreas Irmen, Amer Tabakovic. Endogenous capital- and labor-augmenting technical change in the neoclassical growth model. 2015. https://doi.org/10.1016/j.jet.2017.05.002

Paper [0] confirms that macroeconomic growth models commonly extend neoclassical frameworks to examine endogenous capital- and labor-augmenting technical change.

Source citation format

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More for · 2

A GENERALIZED STEADY-STATE GROWTH THEOREM

Recorded source metadata

Andreas Irmen. A GENERALIZED STEADY-STATE GROWTH THEOREM. 2016. https://doi.org/10.1017/s1365100516000407

Paper [1] acknowledges that technical change is standardly modeled as purely labor-augmenting in dynamic macroeconomics to achieve steady-state balanced growth, while discussing its mathematical foundations.

Source citation format

Labor- and Capital-Augmenting Technical Change

Recorded source metadata

Daron Acemoglu. Labor- and Capital-Augmenting Technical Change. 2003. https://doi.org/10.2139/ssrn.372820

Paper [4] notes that long-run macroeconomic growth models assume labor-augmenting technical change to maintain a constant labor share in GDP.

Source citation format

The paper trail · every fact has a biography

first checked01 Aug 2026

judged → SUPPORTED · 8401 Aug 2026

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