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Using a discrete version of the Ramsey Vintage Capital Model, we provide a characterization of the initial capital stocks compatible with a predefined scrapping time and a level of technical progress which generate feasible capital paths. From that characterization, it is proved that for a given...
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We propose a method to estimate both whether there is an overall infrastructure shortage and the optimal share of … infrastructure in gross fixed capital formation (GFCF). This is based on a two-gap model and linear programming, and is illustrated … infrastructures in GFCF. Then, there would have been an infrastructure shortage up until 1964, and an infrastructure surplus there …
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The object of research is infrastructure projects as part of the program. The products of infrastructure projects are … limits. The interconnection of infrastructure projects is determined not only by general financing and management, but, above … projects is carried out integrally, within a single model. Coordination of the parameters of the products of infrastructure …
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