IDEAS home Printed from
   My bibliography  Save this paper

L’amortissement et l’autofinancement du processus d’investissement
[The amortization and self-financing of the investment process]


  • Albu, Lucian-Liviu
  • Georgescu, George


A balanced economic development is essentially based on self-financing of investment cycle. The efficient use of energy resources and raw materials could rise by increasing the renewal of fixed capital, which is meaning also a shift to a higher technological level. From this correlation is resulting that the technical progress stands for an accelerator type multiplier of investments effects. Taking into account the economic growth factors and also the relationship between the efficiency, the degree of depreciation and the technical level a global model is built based on the propagation of investments self-financing. The model is showing the dependence of investments self-financing growth to the decrease in the functioning standard period of fixed capital, to their structural youthfulness and economic efficiency increase, seen through the ratio between net income and depreciation.

Suggested Citation

  • Albu, Lucian-Liviu & Georgescu, George, 1987. "L’amortissement et l’autofinancement du processus d’investissement
    [The amortization and self-financing of the investment process]
    ," MPRA Paper 13499, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:13499

    Download full text from publisher

    File URL:
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    1. Simon Kuznets & Elizabeth Jenks, 1961. "Capital in the American Economy: Its Formation and Financing," NBER Books, National Bureau of Economic Research, Inc, number kuzn61-1, June.
    Full references (including those not matched with items on IDEAS)

    More about this item


    economic growth; investments; fixed capital; technical progress; depreciation;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • C46 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Specific Distributions
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance


    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:pra:mprapa:13499. 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: (Joachim Winter). 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.