A dynamic linear economy with characteristic-based endogenous technical coefficients
D’Agata, Antonio and
Kenji Mori
Authors registered in the RePEc Author Service: Antonio D'Agata
Structural Change and Economic Dynamics, 2012, vol. 23, issue 3, 195-204
Abstract:
We develop a characteristic-based model for the endogenous determination of technical coefficients in a linear economy and use it to describe the dynamics of the economy as driven by changes in knowledge. The use of the characteristic approach to determine technical coefficients makes our model suitable to be interpreted as a first attempt towards the formulation of a formal knowledge-based model of technology.
Keywords: Technology; Technological change; Classical approach to price and distribution (search for similar items in EconPapers)
JEL-codes: C61 D20 O30 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:23:y:2012:i:3:p:195-204
DOI: 10.1016/j.strueco.2012.03.003
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