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Progrès technique et durée de vie du capital

Author

Listed:
  • Germain, Marc

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

  • Magnus, Alphonse

    (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Mathématique)

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.

Suggested Citation

  • Germain, Marc & Magnus, Alphonse, 1999. "Progrès technique et durée de vie du capital," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1999011, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  • Handle: RePEc:ctl:louvir:1999011
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    File URL: http://sites.uclouvain.be/econ/DP/IRES/9911.pdf
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    References listed on IDEAS

    as
    1. Boucekkine, Raouf & Germain, Marc & Licandro, Omar & Magnus, Alphonse, 1998. "Creative Destruction, Investment Volatility, and the Average Age of Capital," Journal of Economic Growth, Springer, vol. 3(4), pages 361-384, December.
    2. Philippe Aghion & Peter Howitt, 1994. "Growth and Unemployment," Review of Economic Studies, Oxford University Press, vol. 61(3), pages 477-494.
    3. repec:cor:louvrp:-1376 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Progrès technique endogène; obsolescence économique; générations de capital;

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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