de Mello Jr., Luiz R. (1992) Biproportionality and Optimal Capital Depletion. Economics Letters, 40 (4). pp. 413-416. ISSN 0165-1765. (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)
This paper examines the process through which biproportional technical progress affects vintage capital requirement matrices, according to which an optimal scrapping age for capital equipment can be proven to exist by means of a separation theorem for convex sets. Also, it is shown that optimal capital depletion depends on the column totals of the capital matrix in biproportional technical change.
|Subjects:||H Social Sciences > HB Economic Theory|
|Divisions:||Faculties > Social Sciences > School of Economics|
|Depositing User:||P. Ogbuji|
|Date Deposited:||07 Oct 2009 17:49|
|Last Modified:||01 Jul 2014 10:33|
|Resource URI:||https://kar.kent.ac.uk/id/eprint/22444 (The current URI for this page, for reference purposes)|