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Equilibrium price distribution with directed technical change

Article ID Journal Published Year Pages File Type
5061095 Economics Letters 2010 4 Pages PDF
Abstract

This paper studies a non-degenerate price distribution for the homogeneous good within a model of endogenous directed technical change. A probability density function is analytically derived and shown to be related to the technology and innovation parameters of the model.

Keywords
D43O41D41Scale effectsDirected technical changePrice distribution
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Equilibrium price distribution with directed technical change
Authors
Pedro Mazeda Gil, Fernanda Figueiredo, Oscar Afonso,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
D43
O41
D41
Scale effects
Directed technical change
Price distribution
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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