The Aggregate Implications of Machine Replacement: Theory and Evidence
收藏NBER1990-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3552
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This paper studies an economy in which producers must incur resource costs to replace depreciated machines. The process of costly replacement and depreciation creates endogenous fluctuations in productivity, employment and output of a single producer. We also explore the spillover effects of machine
提供机构：
美国国家经济研究局创建时间：
1990-12-01
