Vintage technology, optimal investment and 2 technology adoption

Reference : Vintage technology, optimal investment and 2 technology adoption


	Document type :	Scientific journals : Article
	Discipline(s) :	Business & economic sciences : Macroeconomics & monetary economics
	To cite this reference:	http://hdl.handle.net/10993/31013

Title :	Vintage technology, optimal investment and 2 technology adoption
Language :	English
Author, co-author :	Zou, Benteng [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
Publication date :	2006
Journal title :	Economic Modelling
Publisher :	Elsevier Science
Peer reviewed :	Yes (verified by ORBi^lu)
Audience :	International
ISSN :	0264-9993
Keywords :	[en] Vintage technology ; Technology adoption
Abstract :	[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.
Permalink :	http://hdl.handle.net/10993/31013

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