Barreiro-Pereira, Fernando - 2011
of growth in presence of this embodied technical progress there exist three schools: first, the traditional growth … Pakes (1996), Caves (1998), McGuckin and Stiroh (1999), and Tybout (2000). The third school is the equilibrium growth … accounting school, which measures the balance growth by means of vintage capital models, being represented by Greenwood …