The technical coefficients in the traditional sector is variable.
2.
It has variable technical coefficients of production.
3.
The technical coefficient represents the efficiency of the system in use for particular resource and expresses the average state of technology.
4.
4 ) There is a limited degree of technical substitutability of factors and the production is characterized by fixed technical coefficients.
5.
As technical coefficients are variable the products can be produced with a wide range of techniques and combinations of labour and capital.
6.
As traditional sector is labour-intensive therefore the inflow in labour can be absorbed in this sector as the technical coefficients are variable.
7.
4 ) His theory is based on the assumption that the technical coefficients are fixed in the modern sector a little degree of elasticity cannot be ruled out completely.
8.
The matrix of technical coefficients, i . e ., the link between the two methods of analysis, evolves over time due to technical change and change of production methods in the economy.
9.
In 1970, she published " Structural Change in the American Economy ", which compared technical coefficients of the American economy in 1939, 1947 and 1958 as technology changed over time.
10.
The result that the vertically integrated technical coefficients can be set up independently of the vagaries of technical change is a result of such importance that it could lead us to reconsider much of the work on structural economic dynamics:
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