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Vintage capital, distortions and development

dc.contributor.authorPessôa, Samuel de Abreu
dc.contributor.authorRob, Rafael
dc.date.accessioned2008-05-13T15:23:16Z
dc.date.accessioned2010-09-23T18:57:58Z
dc.date.available2008-05-13T15:23:16Z
dc.date.available2010-09-23T18:57:58Z
dc.date.issued2002-05-16
dc.identifier.issn0104-8910
dc.identifier.urihttp://hdl.handle.net/10438/384
dc.description.abstractThis 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.eng
dc.language.isoeng
dc.publisherFundação Getulio Vargas. Escola de Pós-graduação em Economiapor
dc.relation.ispartofseriesEnsaios Econômicos;447por
dc.subjectVintage capitaleng
dc.subjectEmbodied technological progresseng
dc.subjectPutty-clayeng
dc.subjectTotal factor productivityeng
dc.subjectElasticity of substitutioneng
dc.titleVintage capital, distortions and developmenteng
dc.typeWorking Papereng
dc.subject.areaEconomiapor
dc.contributor.unidadefgvEscolas::EPGEpor
dc.subject.bibliodataEconomiapor
dc.subject.bibliodataInovações tecnológicaspor
dc.subject.bibliodataInovações tecnológicas - Aspectos econômicospor
dc.subject.bibliodataInvestimentos - Modelos econométricospor
dc.contributor.affiliationFGV


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