Vintage technology, optimal investment and technology adoption

被引:4
|
作者
Zou, B [1 ]
机构
[1] Univ Bielefeld, IMW, D-33501 Bielefeld, Germany
关键词
vintage technology; embodiment; technology adoption;
D O I
10.1016/j.econmod.2006.02.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
in this paper, we study a vintage technology model under a market equilibrium setting. In this model, firms can invest not only on new vintage technology, but also on existing ones. 'Ale first generalize previous partial equilibrium settings and, second, incorporate the adoption problem into a vintage framework. (c) 2006 Elsevier B.V. All rights reserved.
引用
收藏
页码:515 / 533
页数:19
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