Costly Technology Adoption and Capital Accumulation
Aubhik Khan () and
Working Papers from University of Iowa, Department of Economics
We develop a model of costly technology adoption where the cost is irrecoverable and fixed. Households must decide when to switch from an existing technology to a new, more productive technology.
Keywords: TECHNOLOGY; DECISION MAKING (search for similar items in EconPapers)
JEL-codes: O10 O33 (search for similar items in EconPapers)
Pages: 19 pages
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Journal Article: Costly Technology Adoption and Capital Accumulation (2002)
Working Paper: Costly technology adoption and capital accumulation (2000)
Working Paper: Costly Technology Adoption and Capital Accumulation (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:uia:iowaec:97-12
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