Moore's Law and Learning-By-Doing

We model Moore's Law as efficiency of computer producers that rises as a by-product of their experience. We find that (a) because computer prices fall much faster than the prices of electricity-driven and diesel-driven capital ever did, growth in the coming decades should be very fast, and that (b) the obsolescence of firms today occurs faster than before, partly because the physical capital they own becomes obsolete faster. (Copyright: Elsevier)

MoreLess

Year of publication:	2002
Authors:	Jovanovic, Boyan ; Rousseau, Peter L.
Published in:	Review of Economic Dynamics. - Society for Economic Dynamics - SED. - Vol. 5.2002, 2, p. 346-375
Publisher:	Society for Economic Dynamics - SED
Subject:	Computers \| Electricity \| Internal Combustion

Online Resource

Check full text access |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Type of publication:	Article
Notes:	Published
Other identifiers:	10.1006/redy.2002.0162 [DOI]
Classification:	O3 - Technological Change; Research and Development
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005091013