Optimal investment allocation under embodiment in a two sector model

Authors

  • Ricardo Azevedo Araújo Universidade de Brasília
  • Francisca Luiza de Andrade Banco do Brasil

Abstract

In this paper the impact of investment specific technological progress on investment allocation is studied by using a two sector model that takes into account investment specific technological progress. The aim of the paper is to analyze the optimal allocation of capital goods and to revisit the recent controversy on the structural change played by the Information and Communication Technology-growth enhancing role.

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Published

2013-07-30

Issue

Vol. 9 No. 2 (2009)

Section

Artigos

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