Optimal Investment Specific Technological Progress Allocation in a Two Sector Model
Ricardo Araujo
Economia, 2009, vol. 10, issue 3, 457_464
Abstract:
In this paper the impact of investment specific technical progress on investment allocation is studied by using an extended version of the Feldman’s two sector model that takes into account embodied technical progress. The aim of the paper is to analyze the impact of investment specific technical progress on the optimal allocation of investment, economic growth and structural change.
Keywords: Investment Allocation; Two Sector Models; Investment Specific Technical Progress (search for similar items in EconPapers)
JEL-codes: E22 E32 O40 (search for similar items in EconPapers)
Date: 2009
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