Abstract
In the previous chapter the environment of the firm changes in that its demand curve changes over time. In this chapter the environment changes on the supply side: due to an exogeneously given technological progress, the production function of the firm shifts over time. The model to be presented partly builds on the model of Nickell in Section 3.8 and partly on the model of Chapter 4
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 1993 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
van Hilten, O., Kort, P.M., van Loon, P.J.J.M. (1993). Production and Investment With Technological Progress. In: Dynamic Policies of the Firm. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-77884-1_10
Download citation
DOI: https://doi.org/10.1007/978-3-642-77884-1_10
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-77886-5
Online ISBN: 978-3-642-77884-1
eBook Packages: Springer Book Archive