Thus "learning" was regarded as a function of the rate of increase in investment. However, Kaldor held that productivity increases had a concave nature (i.e. increases in labor productivity diminish as the rate of investment increases). This proposition, of course, falls short of Solow's insistence on constant returns...
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asdsadasdasda K.J. Arrow (1962) took on the view that the level of the "learning" coefficient is a function of cumulative investment (i.e. past gross investment). Unlike Kaldor, Arrow sought to associate the learning function not with the rate of growth in investment but rather with the absolute level of knowledge already accumulated...
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