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Technological Progress, Obsolescence, and Depreciation

Boucekkine, Raouf - 2010

. investment-specific) technical progress. Second, we show that both the use-related depreciation rate and the scrapping rate … accelerates, while the former remains unaffected. It is also shown that (i) the economic depreciation rate depends on the decline … rate of the quality-unadjusted relative price of investment and (ii) the age-related depreciation rate depends on the …

Persistent link: https://www.econbiz.de/10013152354

Technological Progress, Obsolescence and Depreciation

Boucekkine, Raouf; Río Iglesias, Fernando del; … - 2006

the use-related depreciation rate and the scrapping rate increase when embodied technical progress accelerates. However … model is that the age-related depreciation rate does depend on the obsolescence rate in sharp contrast to the neoclassical …

Persistent link: https://www.econbiz.de/10014056685

History’s a curse : leapfrogging, growth breaks and growth reversals under international borrowing without commitment

Boucekkine, Raouf; Pintus, Patrick A. - In: Journal of economic growth 17 (2012) 1, pp. 27-47

Persistent link: https://www.econbiz.de/10009574558

Machine Replacement, Technology Adoption and Convergence

Boucekkine, Raouf; Martínez, Blanca - 2001

In this paper, we introduce adoption costs in a canonical vintage capital model. Adoption costs take the form of a direct loss in production during a fixed period of time. We explicitly characterize the optimal machine replacement policy as a function of the adoption period. Using an explicit...

Persistent link: https://www.econbiz.de/10014164323

Impacts of Emission Reduction Policies in a Multi-Regional Multi-Sectoral Small Open Economy with Endogenous Growth

Boucekkine, Raouf - 2007

The burden sharing of pollution abatement costs raises the issue of how to share the costs between entities (country, region or industry) and how the pollution permits should be distributed between the parties involved. This paper explores this issue in the framework of a dynamic endogenous...

Persistent link: https://www.econbiz.de/10012730329

Vintage Capital

Boucekkine, Raouf - 2006

growth theory (proposed entry for the new Palgrave dictionary of economics, 2nd edition) …

Persistent link: https://www.econbiz.de/10012733170

Technological progress and investment: Microeconomic foundations and macroeconomic implications

Boucekkine, Raouf; de Oliveira Cruz, Bruno - 2015

This paper presents a non-technical overview of the recent investment literature with a special emphasis on the connection between technological progress and the investment decision. First of all, we acknowledge that some dramatic advances have been made in the 1990s in understanding and...

Persistent link: https://www.econbiz.de/10012234179

TECHNOLOGY ADOPTION, CAPITAL MAINTENANCE AND THE TECHNOLOGICAL GAP

Boucekkine, Raouf; Martínez, Blanca; SAGLAM, CARGI - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2003

without maintenance. Then we introduce the maintenance activity via the depreciation rate of capital. We characterize the …

Persistent link: https://www.econbiz.de/10005515921

Promoting clean technologies: The energy market structure crucially matters

Azomahou, Théophile T.; Boucekkine, Raouf; Nguyen-Van, Phu - Development and Policies Research Center (Depocen) - 2008

We develop a general equilibrium vintage capital model with embodied energy-saving technological progress and an explicit energy market to study the impact of investment subsidies on investment and output. Energy and capital are assumed to be complementary in the production process. New machines...

Persistent link: https://www.econbiz.de/10004968666

Technological Progress and Investment: A Non-Technical Survey

Boucekkine, Raouf; Cruz, Bruno de Oliveira - 2015

Persistent link: https://www.econbiz.de/10011266634