Search Results - subject:"Embodied technical progress"

Vintage capital theory: Three breakthroughs

Boucekkine, Raouf; Croix, David De La; Licandro, Omar - HAL - 2011

Vintage capital growth models have been at the heart of growth theory in the 60s. This research line collapsed in the late 60s with the so-called embodiment controversy and the technical sophisitication of the vintage models. This paper analyzes the astonishing revival of this literature in the...

Persistent link: https://www.econbiz.de/10009644799

Vintage capital growth theory: Three breakthroughs

Boucekkine, Raouf; Croix, David de la; Licandro, Omar - Departament d'Economia i Història Econòmica, … - 2011

Persistent link: https://www.econbiz.de/10009149196

Technological Progress, Obsolescence and Depreciation

Raouf, BOUCEKKINE; Fernando, DEL RIO; Blanca, MARTINEZ - Institut de Recherche Économique et Sociale (IRES), … - 2006

increasing (resp. decreasing) function of the rate of disembodied (resp.embodied) technical progress. Second, we show that both … the use-related depreciation rate and the scrapping rate incease when embodied technical progress accelerates. However …

Persistent link: https://www.econbiz.de/10004984713

Technological progress obsolescence and depreciation

BOUCEKKINE, Raouf; DEL RIO, Fernando; MARTINEZ, Blanca - Center for Operations Research and Econometrics (CORE), … - 2006

increasing (resp. decreasing) function of the rate of disembodied (resp. embodied) technical progress. Second, we show that both … the use-related depreciation rate and the scrapping rate increase when embodied technical progress accelerates. However …

Persistent link: https://www.econbiz.de/10005043638

TECHNOLOGICAL PROGRESS AND DEPRECIATION

Boucekkine, Raouf; Martínez, Blanca; Río, Fernando del - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2005

. decreasing) function of the rate of disembodied (resp. embodied) technical progress. Second, we show that both the age …-related depreciation rate and the scrapping rate increase when embodied technical progress accelerates. In contrast, the latter drops when …

Persistent link: https://www.econbiz.de/10005731342

Embodied technological change learning-by-doing and the productivity slowdown

BOUCEKKINE, Raouf; RIO, Fernando DEL; LICANDRO, Omar - Institut de Recherche Économique et Sociale (IRES), … - 2002

The productivity slowdown faced by the US economy since the first oil shock has been associated with a rise in the decline rate of the relative price of equipment and a reduction in the rate of disembodied technical change. We build up a growth model in which learning-by-doing is the engine of...

Persistent link: https://www.econbiz.de/10004985304

Embodied technical progress and Unemployment

LRIO, Fernando DE - Institut de Recherche Économique et Sociale (IRES), … - 2001

In this paper we build up a canonical vintage capital model with embodied and disembodied technical progress and generalized Nash bargaining in the labor market. First, we handle both types of technical progress as exogenous, but we endogenize them after. In these setups, we comprehensively...

Persistent link: https://www.econbiz.de/10004984943

The Importance of the Embodied Question Revisited

Boucekkine, Raouf; del Rio, Fernando; Licandro, Omar - Institut de Recherche Économique et Sociale (IRES), … - 1999

explanation for the productivity slowdown: an increase in the fraction of embodied technical progress, through an improvement in …

Persistent link: https://www.econbiz.de/10004985202