Technological waves, income functions and surplus-value of equipment: a new approach

João Ferreira do Amaral

No 2024/0348, Working Papers REM from ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa

Abstract: The purpose of this paper is to study the relations between the concept of technical progress of a certain type (technological wave with technical progress embodied in innovative capital) and the concept of surplus-value of the stock of equipment. For that purpose we define an income function instead of a production function.

Keywords: economic growth; digital revolution; technological progress; innovation. (search for similar items in EconPapers)
JEL-codes: E10 E11 E22 N10 O30 (search for similar items in EconPapers)
Date: 2024-10
New Economics Papers: this item is included in nep-eff, nep-gro, nep-hme and nep-ino
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Persistent link: https://EconPapers.repec.org/RePEc:ise:remwps:wp03482024

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