Basu, Parantap (contributor); … - 2007
et al (2000) use the relative price of equipment as
a driver of investment speci�c technological (IST) change in their … ratio of the equipment price de�ator to the CPI of nondurable and services
obtained from Bureau of Economic Anlsysis.
2 … economy, we proceed to
examine the behaviour of the relative price of equipment with respect to �nal consumption goods
in the …