New Evidence on Durable Goods Biased Technological Change
We describe new evidence that technological change is biased toward producing durables goods. Existing evidence in favor of the importance of change to growth and business cycles is based on the price deflators for investment and consumption goods. Our evidence is based on additional data, including industry specific goods prices, factor inputs, factor prices and the input-output tables.
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|Date of creation:||2004|
|Date of revision:|
|Contact details of provider:|| Postal: Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA|
Web page: http://www.EconomicDynamics.org/
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