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1 - 10 van 67 voor technical progress
N:\...\discussion26.wp [PFP#1230639143]
... of perfect-competition); the technology is characterised by (global) constant returns to scale (crs); technical change is hicks neutral and disembodied. after using these assumptions, the first order ... third term on the right-hand side of (10) represents the contribution of disembodied technical progress, which is assumed to vary between industries. the following common breakdown of market services ...
cpb.nl
Research Memorandum (set-up) [PFP#210045728]
... technology can be explained or predicted easily. a model should not rely too heavily on technical progress when projecting the future state of affairs. worldscan augments the simple growth model in ... do not have access to new capital and productive technologies. in contrast, capital accumulation and technical progress augment labour productivity in the modern sectors. as a result the wages in the ...
cpb.nl
N:\publicaties\...\cpbdoc16.wp [PFP#1211064953]
... short and medium term, labour productivity growth stems from two main sources capital deepening and technical progress. labour productivity gains can be the result of increases in the capital-labour intensity without ... denotes value added, k is capital input, l represents labour input, a is hicks-neutral technical progress and t is time. in a cobb-douglas function this becomes y e l kt ...
cpb.nl
Research Memorandum (set-up)
... labour are combined efficiently. the latter sector grows through the accumulation of capital and technical progress, and demands more and more labour from the first sector. worldscan makes a similar ... limited, so that this region has to rely on capital and technical progress to achieve growth. in the other regions technical progress is relatively less important. their incomes increase as a result ...
cpb.nl
N:\publicaties\...\cpbdoc30.wp [PFP#531103649]
... is assumed that the working time of capital is constant and that the degree of technical progress of capital is zero.6 given the above production function, the minimal cost function is ... (2001). the structural degree of technical progress of labour, , is determined using a hodrick-prescott filter onv (mz l the actual series of the degree of technical progress of labour, see also draper, huizinga ...
cpb.nl
Microsoft Word - cpbdoc91.doc
... labour-augmenting technological progress, also called harrod neutral technological change. let x denote the rate of technological progress (either hicks ... is again determined by the exogenous rate of labour-augmenting technical progress and population growth. 2.2.2 human capital and ... is again determined by the exogenous rate of labour-augmenting technical progress and population growth. 2.3.3 r d and ...
cpb.nl
memo241.pdf
... their model a higher rate of technical progress leads to a lower fertility rate. galor and weil (1996, 2000) argue that shifts in the rate of technological progress have raised the relative ... production of new ideas. lee (1988) and kremer (1993) argue that population growth leads to technical progress. combining this scale effect with a negative feedback from productivity to fertility, jones (2001) ...
cpb.nl
memo247.pdf
... )+ ks e (t -1) (2.6) with the technical rate of deterioration. note that technical depreciation () and fiscal depreciation (v) do not necessarily ... 3) with ef the general productivity index, growing at the rate of technical progress. employment in efficiency units, le, is the aggregate over the ... h. ter rele, 2010, vergrijzing verdeeld; toekomst van de nederlandse overheidsfinancien, technical ...
cpb.nl
memo940.pdf
... interested in electricity markets, as well as for those interested in building electricity market models. technical details for the latter are included in appendices. the remainder of this paper is organized ... those for hydro-- are assumed to decrease with one half percent per year, due to technical progress. 5.3 production capacity data we used the production capacity data shown in the table ...
cpb.nl
Research Memorandum (set-up) [PFP#502532213]
... recovery will prevail. 3.2.3 input substitution and technical progress if the substitution possibilities for natural resources are considerable and technical progress is brisk, sustainable economic growth can be achieved. indeed ... real prices up to now, due to fast cost reducing technical progress (ln()). in the long run, technical progress has to keep pace with the exhaustion effect of the mineral ...
cpb.nl
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