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Tasa de depreciación endógena y crecimiento económico

Listed author(s):
  • Julián David Parada


En este trabajo se estudian las características de los incentivos para invertir en bienes de capitalcon mayor durabilidad. Se considera el hecho de que las economías que invierten en bienes decapital menos duraderos pueden tener menor crecimiento económico. Se elabora un modelo teóricoen el que la tasa de depreciación es endógena y su reducción refleja innovaciones tecnológicas.Las tecnologías se diferencian por la tasa de depreciación y aquellas que son más durables son máscostosas. Esta estructura puede conducir a dos estados estacionarios debido a la complementariedadentre el capital y la tasa de depreciación. El principal resultado del documento es que se encuentrantrampas de pobreza asociadas con altas tasas de depreciación.************************************************************************************************************************We study the features of the incentives for investing in capital goods with higer durability. Weargue that economies which invest in capital goods with less durability may have a lower economicgrowth. We build a theoretical model with endogenous depreciation rate. The model we present is one of technical innovations. Technologies are differentiated by depreciation rates and smaller depreciation rates are more costly. In this setting there can be more than one steady state because of the complementarity between capital and depreciation rates. The main result of the paper is the existence of poverty traps with high depreciation rates.

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Paper provided by UNIVERSIDAD DEL ROSARIO in its series DOCUMENTOS DE TRABAJO with number 004594.

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Length: 35
Date of creation: 06 Apr 2008
Handle: RePEc:col:000092:004594
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