A Model for Evaluating the Incidence of Macroeconomic Variables in the Analysis of Technological Decisions

Adolfo Canitrot

Chapter 16 in Technology Generation in Latin American Manufacturing Industries, 1987, pp 499-534 from Palgrave Macmillan

Abstract: Abstract This chapter presents a microeconomic model of entrepreneurial behaviour concerning the adoption of new technology. The model is based upon the assumption that firms behave rationally, with the objective of maximizing long-term profits. Such rational behaviour is constrained by restrictions emerging from the physical and technical features of the production process and by the economic circumstances — whether from the firm itself or from the overall environment — the enterprise has to confront through time. In other words, the firm’s rational behaviour is constrained by engineering micro and macroeconomic forces.

Keywords: Interest Rate; Planning Horizon; Pure Strategy; Skilled Labour; Capital Good (search for similar items in EconPapers)
Date: 1987
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07210-1_17

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349072101

DOI: 10.1007/978-1-349-07210-1_17

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().