A simple model of productivity slowdown

被引:0
|
作者
Mukoyama, Toshihiko [1 ]
机构
[1] Univ Virginia, Dept Econ, Charlottesville, VA 22904 USA
关键词
D O I
10.1080/13504850601018734
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article demonstrates a simple mechanism of productivity slowdown. There are two types of technological change: exogenous and endogenous. After news arrives that there will be an acceleration of exogenous technological progress in the future, endogenous technological progress may slow down.
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页码:455 / 458
页数:4
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