| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062398 | Economics Letters | 2007 | 6 Pages |
Abstract
We treat the rate of depreciation as a choice variable and show that increased population growth and technological progress make optimal depreciation increase by raising the cost - in terms of consumption foregone - of providing the population with durable capital.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Thorvaldur Gylfason, Gylfi Zoega,