IDEAS home Printed from
   My bibliography  Save this paper

Progrès technique et durée de vie du capital


  • Germain, Marc

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

  • Magnus, Alphonse

    (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Mathématique)


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

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    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


    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

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ctl:louvir:1999011. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Anne DAVISTER-LOGIST). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.