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Keeping up with the technology pace: A DNS-curve and a limit cycle in a technology investment decision problem

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  • Haunschmied, Josef L.
  • Feichtinger, Gustav
  • Hartl, Richard F.
  • Kort, Peter M.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

Volume (Year): 57 (2005)
Issue (Month): 4 (August)
Pages: 509-529

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Handle: RePEc:eee:jeborg:v:57:y:2005:i:4:p:509-529

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References

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  1. Dechert, W. Davis & Nishimura, Kazuo, 1983. "A complete characterization of optimal growth paths in an aggregated model with a non-concave production function," Journal of Economic Theory, Elsevier, vol. 31(2), pages 332-354, December.
  2. Haunschmied, J.L. & Kort, P.M. & Hartl, R.F. & Feichtinger, G., 2003. "A DNS-curve in a two-state capital accumulation model: A numerical analysis," Open Access publications from Tilburg University urn:nbn:nl:ui:12-91680, Tilburg University.
  3. Skiba, A K, 1978. "Optimal Growth with a Convex-Concave Production Function," Econometrica, Econometric Society, vol. 46(3), pages 527-39, May.
  4. Mulder, Peter & de Groot, Henri L. F. & Hofkes, Marjan W., 2003. "Explaining slow diffusion of energy-saving technologies; a vintage model with returns to diversity and learning-by-using," Resource and Energy Economics, Elsevier, vol. 25(1), pages 105-126, February.
  5. Shobha S. Das & Andrew H. Van de Ven, 2000. "Competing with New Product Technologies: A Process Model of Strategy," Management Science, INFORMS, vol. 46(10), pages 1300-1316, October.
  6. Chari, V V & Hopenhayn, Hugo, 1991. "Vintage Human Capital, Growth, and the Diffusion of New Technology," Journal of Political Economy, University of Chicago Press, vol. 99(6), pages 1142-65, December.
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Cited by:
  1. Akao, Ken-Ichi & Kamihigashi, Takashi & Nishimura, Kazuo, 2011. "Monotonicity and continuity of the critical capital stock in the Dechert–Nishimura model," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 677-682.
  2. Privileggi, Fabio, 2013. "Takeoff vs. Stagnation in Endogenous Recombinant Growth Models," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201338, University of Turin.

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