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Progrès technique et durée de vie du capital

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Author Info

  • Germain, Marc

    (UNIVERSITE CATHOLIQUE DE LOUVAIN, Center for Operations Research and Econometrics (CORE))

  • Magnus, Alphonse

    (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Mathématique)

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    Abstract

    Cet article analyse l'influence de variables telles que le taux de progrès technique ou le taux de préférence intertemporel sur la durée de vie du capital. L'analyse est réalisée au moyen d'un modèle de croissance avec technologie du type putty-clay, et où le progrès technique résulte de l'effort de recherche des agents. Contrairement à certains résultats récents obtenus au moyen de modèles où le progrès technique est exogène, on montre qu'une hausse du taux de progrès technique ou qu'une baisse du taux de préférence intertemporel ne se traduit pas nécessairement par une accélération de l'obsolescence économique.

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    File URL: http://sites.uclouvain.be/econ/DP/IRES/9911.pdf
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    Bibliographic Info

    Paper provided by Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) in its series Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) with number 1999011.

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    Length: 14
    Date of creation: 01 Mar 1999
    Date of revision:
    Handle: RePEc:ctl:louvir:1999011

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    Related research

    Keywords: Progrès technique endogène; obsolescence économique; générations de capital;

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    1. R. Boucekkine & M. Germain & O. Licandro & A. Magnus, . "Creative destruction, investment volatility, and the average age of capital," Working Papers 97-08, FEDEA.
    2. Aghion, Philippe & Howitt, Peter, 1991. "Growth and Unemployment," CEPR Discussion Papers 577, C.E.P.R. Discussion Papers.
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