Vintage capital, distortions and development

Detalhes bibliográficos
Autor(a) principal: Pessôa, Samuel de Abreu
Data de Publicação: 2002
Outros Autores: Rob, Rafael
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/384
Resumo: This paper asks to what extent distortions to the adoption of new technology cause income inequality across nations. We work in the framework of embodied technological progress with an individual, C.E.S. production function. We estimate the parameters of this production function from international data and calibrate the model, using U.S. National Income statistics. Our analysis suggests that distortions account for a bigger portion of income inequality than hitherto has been assessed.
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spelling Pessôa, Samuel de AbreuRob, RafaelEscolas::EPGEFGV2008-05-13T15:23:16Z2010-09-23T18:57:58Z2008-05-13T15:23:16Z2010-09-23T18:57:58Z2002-05-160104-8910http://hdl.handle.net/10438/384This paper asks to what extent distortions to the adoption of new technology cause income inequality across nations. We work in the framework of embodied technological progress with an individual, C.E.S. production function. We estimate the parameters of this production function from international data and calibrate the model, using U.S. National Income statistics. Our analysis suggests that distortions account for a bigger portion of income inequality than hitherto has been assessed.engFundação Getulio Vargas. Escola de Pós-graduação em EconomiaEnsaios Econômicos;447Vintage capitalEmbodied technological progressPutty-clayTotal factor productivityElasticity of substitutionEconomiaEconomiaInovações tecnológicasInovações tecnológicas - Aspectos econômicosInvestimentos - Modelos econométricosVintage capital, distortions and developmentinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessTHUMBNAIL1296.pdf.jpg1296.pdf.jpgGenerated Thumbnailimage/jpeg4149https://repositorio.fgv.br/bitstreams/d55e6724-2a6c-4203-a2d8-8b86505924ab/download8cd85414305cf3d18682682c6331d937MD58ORIGINAL1296.pdfapplication/pdf517176https://repositorio.fgv.br/bitstreams/ea5b2293-d446-4a4e-87c3-495534439a4c/downloadc1303d96b13d694b5be0ec85a2e281cbMD52TEXT1296.pdf.txt1296.pdf.txtExtracted texttext/plain90618https://repositorio.fgv.br/bitstreams/c8a8b34d-0573-4903-87d6-c0a647f62d94/download18832fd88a18833c359411b62ab6299cMD5710438/3842023-11-09 20:17:07.108open.accessoai:repositorio.fgv.br:10438/384https://repositorio.fgv.brRepositório InstitucionalPRIhttp://bibliotecadigital.fgv.br/dspace-oai/requestopendoar:39742023-11-09T20:17:07Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV)false
dc.title.eng.fl_str_mv Vintage capital, distortions and development
title Vintage capital, distortions and development
spellingShingle Vintage capital, distortions and development
Pessôa, Samuel de Abreu
Vintage capital
Embodied technological progress
Putty-clay
Total factor productivity
Elasticity of substitution
Economia
Economia
Inovações tecnológicas
Inovações tecnológicas - Aspectos econômicos
Investimentos - Modelos econométricos
title_short Vintage capital, distortions and development
title_full Vintage capital, distortions and development
title_fullStr Vintage capital, distortions and development
title_full_unstemmed Vintage capital, distortions and development
title_sort Vintage capital, distortions and development
author Pessôa, Samuel de Abreu
author_facet Pessôa, Samuel de Abreu
Rob, Rafael
author_role author
author2 Rob, Rafael
author2_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EPGE
dc.contributor.affiliation.none.fl_str_mv FGV
dc.contributor.author.fl_str_mv Pessôa, Samuel de Abreu
Rob, Rafael
dc.subject.eng.fl_str_mv Vintage capital
Embodied technological progress
Putty-clay
Total factor productivity
Elasticity of substitution
topic Vintage capital
Embodied technological progress
Putty-clay
Total factor productivity
Elasticity of substitution
Economia
Economia
Inovações tecnológicas
Inovações tecnológicas - Aspectos econômicos
Investimentos - Modelos econométricos
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Economia
Inovações tecnológicas
Inovações tecnológicas - Aspectos econômicos
Investimentos - Modelos econométricos
description This paper asks to what extent distortions to the adoption of new technology cause income inequality across nations. We work in the framework of embodied technological progress with an individual, C.E.S. production function. We estimate the parameters of this production function from international data and calibrate the model, using U.S. National Income statistics. Our analysis suggests that distortions account for a bigger portion of income inequality than hitherto has been assessed.
publishDate 2002
dc.date.issued.fl_str_mv 2002-05-16
dc.date.accessioned.fl_str_mv 2008-05-13T15:23:16Z
2010-09-23T18:57:58Z
dc.date.available.fl_str_mv 2008-05-13T15:23:16Z
2010-09-23T18:57:58Z
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dc.language.iso.fl_str_mv eng
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dc.relation.ispartofseries.por.fl_str_mv Ensaios Econômicos;447
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dc.publisher.none.fl_str_mv Fundação Getulio Vargas. Escola de Pós-graduação em Economia
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