BOUCEKKINE, Raouf; RIO, Fernando DEL; LICANDRO, Omar - Institut de Recherche Économique et Sociale (IRES), … - 2002
growth model in which learning-by-doing is the engine of both embodied and disembodied technological progress. A change in … the relative efficiency of learning-by-doing from the consumption to the investment sector is shown to imply a … obsolescence costs inherent to embodiment and the learning-by-doing engine. …