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Time-to-build, obsolescence and the technological paradox

โœ Scribed by Fabrizio Patriarca


Book ID
116893013
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
412 KB
Volume
23
Category
Article
ISSN
0954-349X

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๐Ÿ“œ SIMILAR VOLUMES


Time-to-build and cycles
โœ Patrick K Asea; Paul J Zak ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 214 KB

We analyze the dynamics of a simple growth model in which production occurs with a delay while new capital is installed (time-to-build). The time-to-build technology is shown to yield a system of functional (delay) di!erential equations with a unique steady state. We demonstrate that the steady stat

Time to Build and Aggregate Fluctuations
โœ F. E. Kydland; E. C. Prescott ๐Ÿ“‚ Article ๐Ÿ“… 1982 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 485 KB