Expectations, substitution, and scrapping in a putty-clay model

DOI10.1007/BF01237518zbMath0825.90173OpenAlexW2053835581MaRDI QIDQ1205520

Erik Biørn, Petter Frenger

Publication date: 1 April 1993

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01237518

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Economic time series analysis (91B84) Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62)

Related Items (1)

Productivity slowdown due to scarcity of capital to scrap in a putty-clay model

Cites Work

• Replacement and the rental value of capital equipment subject to obsolescence
• The Estimation of a Vintage Model of Production for UK Manufacturing
• The Structure of Technology Over Time: A Model for Testing the "Putty-Clay" Hypothesis
• Efficiency Estimation of Production Functions
• Substitution versus Fixed Production Coefficients in the Theory of Economic Growth: A Synthesis

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