Reference : Vintage technology, optimal investment and 2 technology adoption
Scientific journals : Article
Business & economic sciences : Macroeconomics & monetary economics
Vintage technology, optimal investment and 2 technology adoption
Zou, Benteng mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
Economic Modelling
Elsevier Science
Yes (verified by ORBilu)
[en] Vintage technology ; Technology adoption
[en] In this paper, we study a vintage technology model under a market equilibrium setting. In this model, firms can invest not only on new vintage technology, but also on existing ones. We first generalize previous partial equilibrium settings and, second, incorporate the adoption problem into a vintage framework.

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