Measuring the rate of technological progress in structures

An effort to measure technological progress in structures by using panel data on the age and rents of buildings in a vintage capital model, where buildings are replaced at some chosen periodicity. It finds that there has been significant technological advance in structures, which accounts for a major part of economic growth.

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Year of publication:	1998
Authors:	Gort, Michael ; Greenwood, Jeremy ; Rupert, Peter
Institutions:	Federal Reserve Bank of Cleveland
Subject:	Technology \| Capital investments

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Extent:	application/pdf
Series:	Working Paper.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 9806
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005428395