Optimal growth under endogenous depreciation, capital utilization and maintenance costs
This paper analyzes the equilibrium dynamics of an optimal growth modelwith endogenous depreciation, variable capital utilization, and expenditureson the maintenance of physical capital. Maintenance reduces the depreciationof capital, investment is subject to adjustment costs, and the degree ofcapit...
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| Udgivet i: | Investigaciones Económicas |
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| Principais autores: | , , |
| Format: | Artigo |
| Sprog: | Inglês |
| Udgivet: |
Fundación SEPI
2001
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| Fag: | |
| Online adgang: | https://www.redalyc.org/articulo.oa?id=17325304 |
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