ABSTRACT
Joan Robinson was one of the very first economists to concern herself thoroughly and keenly with the economic theory of technical progress. As she addressed this topic time and again and her contributions in this field are found in a great many writings, a thorough analysis of all the conclusions she arrived at would obviously run to an exceeding length and consequently lies outside the scope of this study. What I am setting out to do here is to draw attention merely to a few basic propositions contained in Robinson's analyses. In particular, I intend to address only the case of fixed coefficients, with which Joan Robinson concerned herself most often, and not the case of variable coefficients, which she likewise analysed in a number of celebrated studies.2 Accordingly I am going to refer to the model Robinson used in what is perhaps her major work, The Accumulation of Capital (1956).
