کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
997862 936559 2015 19 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
El costo de oportunidad del cambio técnico, el crecimiento económico y el caso colombiano 1925-2012
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد، اقتصادسنجی و مالیه (عمومی)
پیش نمایش صفحه اول مقاله
El costo de oportunidad del cambio técnico, el crecimiento económico y el caso colombiano 1925-2012
چکیده انگلیسی
This document presents a dynamic general equilibrium model with endogenous technical change. The model is used to guide an interpretation of the Colombian case for the period 1925-2012. The main conclusions are the following: the steady state technical change and economic growth rates depend upon a balance between the individual benefit for innovation and its opportunity cost. Random shocks causing a gap between the steady state technical change rate and its effective level have a permanent effect on the product level in the opposite direction to the prediction by the Cass-Koopmans-Ramsey model. After 1930, in Colombia, fiscal and foreign trade policies have generated permanent negative effects on output. According to the paper's model the channel has been the promotion of diversion of productive resources towards the present production at the expense of innovation activities.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Ensayos sobre Política Económica - Volume 33, Issue 77, June 2015, Pages 149-167
نویسندگان
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