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Capital Aggregation in Vintage Models

W. M. Gorman

C. Blackorby and A. F. Shorrocks (eds)

in Separability and Aggregation: The Collected Works of W. M. Gorman, Volume I

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198285212
eISBN:
9780191596322
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198285213.003.0018
Subject:
Economics and Finance, Microeconomics

This is an unpublished paper on the problem of capital aggregation in vintage models, which was presented at the First World Congress of the Econometric Society in Rome in 1965. At the beginning of ... More


Measuring the Quantities of Fixed Factors

W. M. Gorman

C. Blackorby and A. F. Shorrocks (eds)

in Separability and Aggregation: The Collected Works of W. M. Gorman, Volume I

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198285212
eISBN:
9780191596322
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198285213.003.0019
Subject:
Economics and Finance, Microeconomics

This paper appeared in the Hicks Festschrift in 1968 (Value, Capital and Growth: Essays in Honour of Sir John Hicks, ed. J. N. Wolfe. Edinburgh: Edinburgh University Press). It is a substantial ... More


Technology and the Theory of Vintage Aggregation

Michael J. Harper

in Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches

Published in print:
2007
Published Online:
February 2013
ISBN:
9780226044491
eISBN:
9780226044507
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226044507.003.0005
Subject:
Economics and Finance, Microeconomics

This chapter reexamines a well-known and conceptually difficult aspect of the vintage asset problem: the aggregation of different technological vintages of capital. The chapter is organized as ... More


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