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Capital accumulation under technological progress and learning: A vintage capital approach

  • Feichtinger, Gustav
  • Hartl, Richard F.
  • Kort, Peter M.
  • Veliov, Vladimir M.

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Article provided by Elsevier in its journal European Journal of Operational Research.

Volume (Year): 172 (2006)
Issue (Month): 1 (July)
Pages: 293-310

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Handle: RePEc:eee:ejores:v:172:y:2006:i:1:p:293-310
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  1. Mehmet Yorukoglu, 1998. "The Information Technology Productivity Paradox," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(2), pages 551-592, April.
  2. Emilio Barucci & Fausto Gozzi, 2001. "Technology adoption and accumulation in a vintage-capital model," Journal of Economics, Springer, vol. 74(1), pages 1-38, February.
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  4. Jeremy Greenwood & Boyan Jovanovic, 2000. "Accounting for Growth," RCER Working Papers 475, University of Rochester - Center for Economic Research (RCER).
    • Jeremy Greenwood & Boyan Jovanovic, 2001. "Accounting for Growth," NBER Chapters, in: New Developments in Productivity Analysis, pages 179-224 National Bureau of Economic Research, Inc.
  5. Benhabib, Jess & Rustichini, Aldo, 1990. "Vintage Capital, Investment And Growth," Working Papers 90-22, C.V. Starr Center for Applied Economics, New York University.
  6. Raouf Boucekkine & Fernando del Río & Omar Licandro, . "Endogenous vs Exogenously Driven Fluctuations in Vintage Capital Models," Working Papers 98-19, FEDEA.
  7. Jovanovic, B., 1998. "Vintage Capital and Equality," Working Papers 98-16, C.V. Starr Center for Applied Economics, New York University.
  8. Feichtinger, G. & Hartl, R.F. & Kort, P.M. & Veliov, V., 2001. "Dynamic Investment Behavior Taking into Account Ageing of the Capital Good," Discussion Paper 2001-13, Tilburg University, Center for Economic Research.
  9. Leban, Raymond & Lesourne, Jacques, 1980. "The firm's investment and employment policy through a business cycle," European Economic Review, Elsevier, vol. 13(1), pages 43-80, January.
  10. Gene M. Grossman & Elhanan Helpman, 1991. "Quality Ladders in the Theory of Growth," Review of Economic Studies, Oxford University Press, vol. 58(1), pages 43-61.
  11. Boucekkine, Raouf & Germain, Marc & Licandro, Omar & Magnus, Alphonse, 2001. "Numerical solution by iterative methods of a class of vintage capital models," Journal of Economic Dynamics and Control, Elsevier, vol. 25(5), pages 655-669, May.
  12. Greenwood, Jeremy & Hercowitz, Zvi & Krusell, Per, 1997. "Long-Run Implications of Investment-Specific Technological Change," American Economic Review, American Economic Association, vol. 87(3), pages 342-62, June.
  13. Boucekkine, Raouf & Licandro, Omar & Paul, Christopher, 1997. "Differential-difference equations in economics: On the numerical solution of vintage capital growth models," Journal of Economic Dynamics and Control, Elsevier, vol. 21(2-3), pages 347-362.
  14. Stenbacka, Rune & Tombak, Mihkel M., 1994. "Strategic timing of adoption of new technologies under uncertainty," International Journal of Industrial Organization, Elsevier, vol. 12(3), pages 387-411, September.
  15. Simon Gilchrist & John C. Williams, 2000. "Putty-Clay and Investment: A Business Cycle Analysis," Journal of Political Economy, University of Chicago Press, vol. 108(5), pages 928-960, October.
  16. repec:fth:starer:98-16 is not listed on IDEAS
  17. Hayashi, Fumio, 1982. "Tobin's Marginal q and Average q: A Neoclassical Interpretation," Econometrica, Econometric Society, vol. 50(1), pages 213-24, January.
  18. Leban, Raymond & Lesourne, Jacques, 1983. "Adaptive strategies of the firm through a business cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 5(1), pages 201-234, February.
  19. R. Boucekkine & M. Germain & O. Licandro & A. Magnus, . "Creative destruction, investment volatility, and the average age of capital," Working Papers 97-08, FEDEA.
  20. Xepapadeas, A. & de Zeeuw, A.J., 1999. "Environmental policy and competitiveness : The Porter hypothesis and the composition of capital," Other publications TiSEM cfb3ecf9-1a3c-4325-ac1d-b, Tilburg University, School of Economics and Management.
  21. Huisman, K.J.M. & Kort, P.M., 2002. "Strategic technology investment under uncertainty," Other publications TiSEM 87025ba6-2254-41a0-99c6-6, Tilburg University, School of Economics and Management.
  22. Barucci, Emilio & Gozzi, Fausto, 1998. "Investment in a vintage capital model," Research in Economics, Elsevier, vol. 52(2), pages 159-188, June.
  23. Robert E. Lucas & Jr., 1967. "Adjustment Costs and the Theory of Supply," Journal of Political Economy, University of Chicago Press, vol. 75, pages 321.
  24. Dekle, Robert, 2001. "A note on growth accounting with vintage capital," Economics Letters, Elsevier, vol. 72(2), pages 263-267, August.
  25. repec:ucp:bknber:9780226304557 is not listed on IDEAS
  26. Hendricks, Lutz, 2000. "Equipment investment and growth in developing countries," Journal of Development Economics, Elsevier, vol. 61(2), pages 335-364, April.
  27. J. P. Gould, 1968. "Adjustment Costs in the Theory of Investment of the Firm," Review of Economic Studies, Oxford University Press, vol. 35(1), pages 47-55.
  28. Robert J. Gordon, 1990. "The Measurement of Durable Goods Prices," NBER Books, National Bureau of Economic Research, Inc, number gord90-1, September.
  29. Barucci, Emilio, 1998. "Optimal Investments with Increasing Returns to Scale," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(3), pages 789-808, August.
  30. 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.
  31. Malcomson, James M., 1975. "Replacement and the rental value of capital equipment subject to obsolescence," Journal of Economic Theory, Elsevier, vol. 10(1), pages 24-41, February.
  32. Russell Davidson & Richard Harris, 1981. "Non-Convexities in Continuous Time Investment Theory," Review of Economic Studies, Oxford University Press, vol. 48(2), pages 235-253.
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