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Equilibrium Growth in a Model with Economic Obsolescence of Machines

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  • P. K. Bardhan

Abstract

I. Introduction, 312. — II. The model and uniqueness of equilibrium, 313. — III. Comparative dynamics, 319.
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Suggested Citation

  • P. K. Bardhan, 1968. "Equilibrium Growth in a Model with Economic Obsolescence of Machines," Working papers 17, Massachusetts Institute of Technology (MIT), Department of Economics.
  • Handle: RePEc:mit:worpap:17
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    Cited by:

    1. Samuel de Abreu Pess & Rafael Rob, 2002. "Vintage Capital, Distortions and Development," Penn CARESS Working Papers ee2dae6cb07096d09f83c7bca, Penn Economics Department.
    2. R. Førsund, Finn & Vislie, Jon, 2011. "From Macro Growth to Disaggregated Production Studies," Memorandum 22/2011, Oslo University, Department of Economics.
    3. Bardhan, Pranab & Priale, Rodrigo, 1996. "Endogenous Growth Theory in a Vintage Capital Model," Department of Economics, Working Paper Series qt1xf503b5, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    4. Perez-Barahona, Agustin & Zou, Benteng, 2006. "A comparative study of energy saving technical progress in a vintage capital model," Resource and Energy Economics, Elsevier, vol. 28(2), pages 181-191, May.
    5. Pessôa, Samuel de Abreu & Rob, Rafael, 2004. "The implications of embodiment and Putty-Clay to economic development," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 544, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).

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