Measuring the Rate of Technological Progress in Structures

被引：36

作者：

Gort, Michael ^{[1
]}

Greenwood, Jeremy ^{[2
]}

Rupert, Peter ^{[3
]}

机构：

[1] SUNY Buffalo, Dept Econ, Buffalo, NY 14620 USA

[2] Univ Rochester, Dept Econ, Rochester, NY 14627 USA

[3] Fed Reserve Bank Cleveland, Res Dept, Cleveland, OH 44101 USA

来源：

REVIEW OF ECONOMIC DYNAMICS | 1999年 / 2卷 / 01期

关键词：

investment-specific technological progress; economic growth; vintage capital; replacement problem; economic depreciation; rent gradient;

D O I：

10.1006/redy.1998.0046

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

How much technological progress has there been in structures? An attempt is made to measure this using panel data on the age and rents of buildings. The data are interpreted with the help of a vintage capital model where buildings are replaced with some chosen periodicity. The results indicate there has been significant technological advance in structures that accounts for an important part of economic growth. (C) 1999 Academic Press

引用

页码：207 / 230

页数：24