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Tasa de depreciación endógena y crecimiento económico

Author

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  • Julián David Parada
Abstract
En este trabajo se estudian las características de los incentivos para invertir en bienes de capitalcon mayor durabilidad. Se considera el hecho de que las economías que invierten en bienes decapital menos duraderos pueden tener menor crecimiento económico. Se elabora un modelo teóricoen el que la tasa de depreciación es endógena y su reducción refleja innovaciones tecnológicas.Las tecnologías se diferencian por la tasa de depreciación y aquellas que son más durables son máscostosas. Esta estructura puede conducir a dos estados estacionarios debido a la complementariedadentre el capital y la tasa de depreciación. El principal resultado del documento es que se encuentrantrampas de pobreza asociadas con altas tasas de depreciación.************************************************************************************************************************We study the features of the incentives for investing in capital goods with higer durability. Weargue that economies which invest in capital goods with less durability may have a lower economicgrowth. We build a theoretical model with endogenous depreciation rate. The model we present is one of technical innovations. Technologies are differentiated by depreciation rates and smaller depreciation rates are more costly. In this setting there can be more than one steady state because of the complementarity between capital and depreciation rates. The main result of the paper is the existence of poverty traps with high depreciation rates.

Suggested Citation

  • Julián David Parada, 2008. "Tasa de depreciación endógena y crecimiento económico," Documentos de Trabajo 4594, Universidad del Rosario.
    • Handle: RePEc:col:000092:004594
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    References listed on IDEAS

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    More about this item

    Keywords

    Crecimiento económico; depreciación; trampas de pobreza;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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