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David K. Foot

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Personal Details

First Name:David
Middle Name:K.
Last Name:Foot
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RePEc Short-ID:pfo82
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Affiliation

Department of Economics
University of Toronto

Toronto, Canada
http://www.economics.utoronto.ca/
RePEc:edi:deutoca (more details at EDIRC)

Research output

as
Jump to: Working papers Articles

Working papers

  1. Rafael Gomez & David K. Foot, 2002. "Age Structure, Income Distribution And Economic Growth," EUI-RSCAS Working Papers 36, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).

Articles

  1. Payne, Greg & Laporte, Audrey & Foot, David K. & Coyte, Peter C., 2009. "Temporal trends in the relative cost of dying: Evidence from Canada," Health Policy, Elsevier, vol. 90(2-3), pages 270-276, May.
  2. Rafael Gomez & David K. Foot, 2003. "Age Structure, Income Distribution and Economic Growth," Canadian Public Policy, University of Toronto Press, vol. 29(s1), pages 141-162, January.
  3. David K. Foot & Rosemary A. Venne, 1990. "Population, Pyramids and Promotional Prospects," Canadian Public Policy, University of Toronto Press, vol. 16(4), pages 387-398, December.
  4. David A. A. Stager & David K. Foot, 1989. "Lawyers' Earnings under Market Growth and Differentiation, 1970-80," Canadian Journal of Economics, Canadian Economics Association, vol. 22(1), pages 150-163, February.
  5. David K. Foot & William J. Milne, 1989. "Multiregional Estimation of Gross Internal Migration Flows," International Regional Science Review, , vol. 12(1), pages 29-43, April.
  6. David K. Foot & Jeanne C. Li, 1988. "Youth Unemployment: A Reply," Canadian Public Policy, University of Toronto Press, vol. 14(1), pages 109-111, March.
  7. Stager, David A. A. & Foot, David K., 1988. "Differential effects of advanced degrees on lawyers' earnings," Economics of Education Review, Elsevier, vol. 7(4), pages 385-392, August.
  8. David K. Foot & Jeanne C. Li, 1986. "Youth Employment in Canada: A Misplaced Priority?," Canadian Public Policy, University of Toronto Press, vol. 12(3), pages 499-506, September.
  9. W J Milne & D K Foot & D P Dungan, 1985. "Migration in an Economic-Demographic Model for the Canadian Provinces," Environment and Planning A, , vol. 17(9), pages 1185-1200, September.
  10. Milne, William J. & Foot, David K., 1985. "Econometrically accounting for identities and restrictions in models of interregional migration : A comment," Regional Science and Urban Economics, Elsevier, vol. 15(4), pages 599-603, November.
  11. David K. Foot, 1984. "The Demographic Future of Fiscal Federalism in Canada," Canadian Public Policy, University of Toronto Press, vol. 10(4), pages 406-414, December.
  12. Foot, David K & Poirier, Dale J, 1980. "Public Decision Making in Canada: The Case of the Anti-Inflation Board," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(2), pages 489-504, June.
  13. Leo de Bever & D.K. Foot & J. F. Helliwell & G. V. Jump & T. Maxwell & J. A. Sawyer & H. E. L. Waslander, 1979. "Dynamic Properties of Four Canadian Macroeconomic Models: A Collaborative Research Project," Canadian Journal of Economics, Canadian Economics Association, vol. 12(2), pages 133-139, May.
  14. David K. Foot & John A. Sawyer, 1979. "Some Dynamic Properties of the TRACE Model," Canadian Journal of Economics, Canadian Economics Association, vol. 12(2), pages 170-181, May.
  15. David K. Foot, 1977. "The Demand for Money in Canada: Some Additional Evidence," Canadian Journal of Economics, Canadian Economics Association, vol. 10(3), pages 475-485, August.
  16. Feldstein, Martin S & Foot, David K, 1971. "The Other Half of Gross Investment: Replacement and Modernization Expenditures," The Review of Economics and Statistics, MIT Press, vol. 53(1), pages 49-58, February.

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Rafael Gomez & David K. Foot, 2002. "Age Structure, Income Distribution And Economic Growth," EUI-RSCAS Working Papers 36, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).

    Cited by:

    1. Jean‐Yves Duclos & Bouba Housseini, 2015. "Quality, quantity and duration of lives," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 48(1), pages 1-27, February.
    2. Jean-Yves Duclos & Bouba Housseini, 2015. "Does Quality, Quantity and Duration of Lives," Cahiers de recherche 1501, Chaire de recherche Industrielle Alliance sur les enjeux économiques des changements démographiques.
    3. Hoover, Gary A. & Giedeman, Daniel C. & Dibooglu, Sel, 2009. "Income inequality and the business cycle: A threshold cointegration approach," Economic Systems, Elsevier, vol. 33(3), pages 278-292, September.
    4. Jean-Yves DUCLOS & Bouba HOUSSEINI, 2015. "Quality, Quantity and Duration of Lives," Working Papers P118, FERDI.
    5. M. Mazharul Islam, 2016. "Demographic transition and the emerging windows of opportunities and challenges in Bangladesh," Journal of Population Research, Springer, vol. 33(3), pages 283-305, September.
    6. Robin Maialeh, 2016. "Fundamentální koncept nerovnosti v perspektivě paretovské ekonomie [A Fundamental Concept of Inequality in the Perspective of Paretian Economics]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(8), pages 973-987.
    7. Armbruster, Walter J. & Coyle, William T. & Gilmour, Brad, 2004. "Where Will Demographics Take the Asia-Pacific Food System?," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58368, Australian Agricultural and Resource Economics Society.
    8. Jean-Yves Duclos & Bouba Housseini, 2015. "Quality, Quantity and Duration of Lives," CIRANO Working Papers 2015s-12, CIRANO.

Articles

  1. Payne, Greg & Laporte, Audrey & Foot, David K. & Coyte, Peter C., 2009. "Temporal trends in the relative cost of dying: Evidence from Canada," Health Policy, Elsevier, vol. 90(2-3), pages 270-276, May.

    Cited by:

    1. Asada, Yukiko & Kephart, George & Hurley, Jeremiah & Yoshida, Yoko & Smith, Andrea & Bornstein, Stephen, 2012. "The role of proximity to death in need-based approaches to health care," Health Policy, Elsevier, vol. 106(3), pages 291-302.
    2. Melberg, Hans Olav & Sørensen, Jan, 2013. "How does end of life costs and increases in life expectancy affect projections of future hospital spending?," HERO Online Working Paper Series 2013:9, University of Oslo, Health Economics Research Programme.
    3. Lilly, Meredith B. & Laporte, Audrey & Coyte, Peter C., 2010. "Do they care too much to work? The influence of caregiving intensity on the labour force participation of unpaid caregivers in Canada," Journal of Health Economics, Elsevier, vol. 29(6), pages 895-903, December.

  2. Rafael Gomez & David K. Foot, 2003. "Age Structure, Income Distribution and Economic Growth," Canadian Public Policy, University of Toronto Press, vol. 29(s1), pages 141-162, January.
    See citations under working paper version above.
  3. David K. Foot & Rosemary A. Venne, 1990. "Population, Pyramids and Promotional Prospects," Canadian Public Policy, University of Toronto Press, vol. 16(4), pages 387-398, December.

    Cited by:

    1. Craig R. Littler & Retha Wiesner & Richard Dunford, 2003. "The Dynamics of Delayering: Changing Management Structures in Three Countries," Journal of Management Studies, Wiley Blackwell, vol. 40(2), pages 225-256, March.
    2. Susan A. McDaniel, 2003. "Toward Disentangling Policy Implications of Economic and Demographic Changes in Canada's Aging Population," Canadian Public Policy, University of Toronto Press, vol. 29(4), pages 491-509, December.
    3. Gangaram Singh & Anil Verma, 2003. "Work History and Later-Life Labor Force Participation: Evidence from a Large Telecommunications Firm," ILR Review, Cornell University, ILR School, vol. 56(4), pages 699-715, July.

  4. David K. Foot & William J. Milne, 1989. "Multiregional Estimation of Gross Internal Migration Flows," International Regional Science Review, , vol. 12(1), pages 29-43, April.

    Cited by:

    1. Jörg Decressin, 1994. "Internal migration in West Germany and implications for East-West salary convergence," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 130(2), pages 231-257, June.

  5. David K. Foot & Jeanne C. Li, 1988. "Youth Unemployment: A Reply," Canadian Public Policy, University of Toronto Press, vol. 14(1), pages 109-111, March.

    Cited by:

    1. Morley Gunderson & Andrew Sharpe & Steven Wald, 2000. "Youth Unemployment in Canada, 1976-1998," Canadian Public Policy, University of Toronto Press, vol. 26(s1), pages 85-100, July.

  6. David K. Foot & Jeanne C. Li, 1986. "Youth Employment in Canada: A Misplaced Priority?," Canadian Public Policy, University of Toronto Press, vol. 12(3), pages 499-506, September.

    Cited by:

    1. Bruce Kennedy, 1987. "Youth Employment in Canada: A Comment," Canadian Public Policy, University of Toronto Press, vol. 13(3), pages 384-388, September.
    2. Graham S. Lowe & Harvey Krahn, 2000. "Work Aspirations and Attitudes in an Era of Labour Market Restructuring: A Comparison of two Canadian Youth Cohorts," Work, Employment & Society, British Sociological Association, vol. 14(1), pages 1-22, March.
    3. David K. Foot & Jeanne C. Li, 1988. "Youth Unemployment: A Reply," Canadian Public Policy, University of Toronto Press, vol. 14(1), pages 109-111, March.

  7. W J Milne & D K Foot & D P Dungan, 1985. "Migration in an Economic-Demographic Model for the Canadian Provinces," Environment and Planning A, , vol. 17(9), pages 1185-1200, September.

    Cited by:

    1. D E Fuller, 1992. "Estimating Labour Supply in Policy-Oriented Regional Planning Models," Environment and Planning A, , vol. 24(12), pages 1781-1797, December.

  8. David K. Foot, 1984. "The Demographic Future of Fiscal Federalism in Canada," Canadian Public Policy, University of Toronto Press, vol. 10(4), pages 406-414, December.

    Cited by:

    1. Britta Baum & Helmut Seitz & Andrej Worobjew, 2002. "Der Einfluss der Alters- und Familienstrukturen auf die Ausgaben der Länder und Gemeinden," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 71(1), pages 147-162.
    2. Frank T. Denton & Byron G. Spencer, 1998. "Economic Costs of Population Aging," Independence and Economic Security of the Older Population Research Papers 32, McMaster University.
    3. Frank T. Denton & Byron G. Spencer, 1999. "Population Aging and Its Economic Costs: A Survey of the Issues and Evidence," Quantitative Studies in Economics and Population Research Reports 340, McMaster University.
    4. Frank T. Denton & Byron G. Spencer, 1999. "Population Aging and Its Costs: A Survey of the Issues and Evidence," Department of Economics Working Papers 1999-03, McMaster University.
    5. Renn, Sandra, 2005. "Demografischer Wandel und langfristiges Angebot öffentlicher Leistungen im föderativen System," Forschungs- und Sitzungsberichte der ARL: Aufsätze, in: Färber, Gisela (ed.), Das föderative System in Deutschland: Bestandsaufnahme, Reformbedarf und Handlungsempfehlungen aus raumwissenschaftlicher Sicht, volume 127, pages 174-205, ARL – Akademie für Raumentwicklung in der Leibniz-Gemeinschaft.

  9. Feldstein, Martin S & Foot, David K, 1971. "The Other Half of Gross Investment: Replacement and Modernization Expenditures," The Review of Economics and Statistics, MIT Press, vol. 53(1), pages 49-58, February.

    Cited by:

    1. Giovanni Dosi & Francesco Lamperti & Mariana Mazzucato & Mauro Napoletano & Andrea Roventini, 2021. "Mission-Oriented Policies and the "Entrepreneurial State" at Work: An Agent-Based Exploration," GREDEG Working Papers 2021-25, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    2. Chien-Chiang Lee & Chun-Ping Chang, 2006. "The Long-Run Relationship Between Defence Expenditures And Gdp In Taiwan," Defence and Peace Economics, Taylor & Francis Journals, vol. 17(4), pages 361-385.
    3. Daniel Levy, 2005. "Capital Stock Depreciation, Tax Rules, and Composition of Aggregate Investment," Others 0505007, University Library of Munich, Germany.
    4. Alice Albonico & Sarantis Kalyvitis & Evi Pappa, 2013. "Capital Maintenance and Depreciation over the Business Cycle," DEOS Working Papers 1326, Athens University of Economics and Business.
    5. Mauro Napoletano & Giovanni Dosi & Giorgio Fagiolo & Andrea Roventini, 2012. "Wage formation investment behavior and growth regimes: an agent-based analysis," SciencePo Working papers Main hal-01024669, HAL.
    6. Antoine Naboulet & Sébastien Raspiller, 2006. "Déterminants de la décision d'investir et destination économique des équipements," Économie et Statistique, Programme National Persée, vol. 395(1), pages 141-163.
    7. Giovanni Dosi & Giorgio Fagiolo & Mauro Napoletano & Andrea Roventini, 2012. "Economic Policies with Endogenous Innovation and Keynesian Demand Management," Post-Print hal-01410703, HAL.
    8. Mattia Guerini & Francesco Lamperti & Mauro Napoletano & Andrea Roventini & Tania Treibich, 2022. "Unconventional monetary policies in an agent-based model with mark-to-market standards," Review of Evolutionary Political Economy, Springer, vol. 3(1), pages 73-107, April.
    9. Halkos, George & Tzeremes, Nickolaos, 2011. "A conditional full frontier modelling for analyzing environmental efficiency and economic growth," MPRA Paper 32839, University Library of Munich, Germany.
    10. Austan Goolsbee, 1998. "The Business Cycle, Financial Performance, and the Retirement of Capital Goods," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(2), pages 474-496, April.
    11. Ingmar R. Prucha & M. Ishaq Nadiri, 1991. "Endogenous Capital Utilization and Productivity Measurement in Dynamic Factor Demand Models: Theory and an Application to the U.S. Electrical..," NBER Working Papers 3680, National Bureau of Economic Research, Inc.
    12. Halkos, George & Tzeremes, Nickolaos, 2011. "Does the Kyoto Protocol Agreement matters? An environmental efficiency analysis," MPRA Paper 30652, University Library of Munich, Germany.
    13. George Bitros, 1972. "Replacement of the Durable Inputs of Production: A Theoretical and Empirical Investigation," The American Economist, Sage Publications, vol. 16(1), pages 36-54, March.
    14. Lamperti, F. & Dosi, G. & Napoletano, M. & Roventini, A. & Sapio, A., 2018. "Faraway, So Close: Coupled Climate and Economic Dynamics in an Agent-based Integrated Assessment Model," Ecological Economics, Elsevier, vol. 150(C), pages 315-339.
    15. Ana González Galán & Juan José García del Hoyo & Félix García Ordaz, 2021. "Investment and Decapitalization in the Fishing Industry: The Case of the Spanish Crustacean Freezer Trawler Fleet," Sustainability, MDPI, vol. 13(16), pages 1-22, August.
    16. Halkos, George & Papageorgiou, George, 2014. "Spatial environmental efficiency indicators in regional waste generation: A nonparametric approach," MPRA Paper 53400, University Library of Munich, Germany.
    17. Terregrossa, Ralph A., 1997. "Capital depreciation and investment demand," The Quarterly Review of Economics and Finance, Elsevier, vol. 37(1), pages 79-95.
    18. Dosi, Giovanni & Fagiolo, Giorgio & Roventini, Andrea, 2010. "Schumpeter meeting Keynes: A policy-friendly model of endogenous growth and business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 34(9), pages 1748-1767, September.
    19. Hendricks, Lutz, 2000. "Equipment investment and growth in developing countries," Journal of Development Economics, Elsevier, vol. 61(2), pages 335-364, April.
    20. George C. Bitros & Elias Flytzanis, 2003. "A Rehabilitation of Economic Replacement Theory," Macroeconomics 0303009, University Library of Munich, Germany.
    21. Giovanni Dosi & Giorgio Fagiolo & Andrea Roventini, 2005. "Animal Spirits, Lumpy Investment, and Endogenous Business Cycles," LEM Papers Series 2005/04, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    22. Giovanni Dosi & Giorgio Fagiolo & Mauro Napoletano & Andrea Roventini, 2012. "Income distribution, credit and fiscal policies in an agent-based keynesian model," SciencePo Working papers Main hal-01070285, HAL.
    23. Matthew D. Shapiro, 1985. "Capital Utilization and Capital Accumulation: Theory and Evidence," Cowles Foundation Discussion Papers 736, Cowles Foundation for Research in Economics, Yale University.
    24. Edward M. Miller, 1983. "A Problem in the Measurement of Capital Embodied Productivity Change," Eastern Economic Journal, Eastern Economic Association, vol. 9(1), pages 29-36, Jan-Mar.
    25. Martin Feldstein & Joosung Jun, 1986. "The Effects of Tax Rules on Nonresidential Fixed Investment: Some Preliminary Evidence from the 1980s," NBER Working Papers 1857, National Bureau of Economic Research, Inc.
    26. George Halkos & Nickolaos Tzeremes, 2014. "Measuring the effect of Kyoto protocol agreement on countries’ environmental efficiency in CO 2 emissions: an application of conditional full frontiers," Journal of Productivity Analysis, Springer, vol. 41(3), pages 367-382, June.
    27. Giovanni Dosi & Giorgio Fagiolo & Andrea Roventini, 2006. "An Evolutionary Model of Endogenous Business Cycles," Computational Economics, Springer;Society for Computational Economics, vol. 27(1), pages 3-34, February.
    28. Nicky Rogge, 2019. "Regional productivity growth in the EU since 2000: something is better than nothing," Empirical Economics, Springer, vol. 56(2), pages 423-444, February.
    29. Dimitrios Koumparoulis, 2011. "The Proportionality Hypothesis in Capital Theory: an Assessment of the Literature," EuroEconomica, Danubius University of Galati, issue 27, pages 27-39, February.
    30. Sarantis Kalyvitis, 2006. "Another look at the linear q model: an empirical analysis of aggregate business capital spending with maintenance expenditures," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 39(4), pages 1282-1315, November.
    31. M. Ishaq Nadiri & Ingmar R. Prucha, 1999. "Dynamic Factor Demand Models and Productivity Analysis," NBER Working Papers 7079, National Bureau of Economic Research, Inc.
    32. Dale W. Jorgenson, 1991. "Productivity and Economic Growth," NBER Chapters, in: Fifty Years of Economic Measurement: The Jubilee of the Conference on Research in Income and Wealth, pages 19-118, National Bureau of Economic Research, Inc.
    33. Chhibber, Ajay & van Wijnbergen, Sweder, 1988. "Public policy and private investment in Turkey," Policy Research Working Paper Series 120, The World Bank.
    34. Palle S. Andersen, 1987. "Profit shares, investment and output capacity," BIS Working Papers 12, Bank for International Settlements.
    35. Michael Perelman, 2006. "The neglect of replacement investment in keynesian economics," Review of Political Economy, Taylor & Francis Journals, vol. 18(4), pages 547-559.
    36. Halkos, George & Tzeremes, Nickolaos, 2012. "A conditional directional distance function approach for measuring regional environmental efficiency: Evidence from the UK regions," MPRA Paper 38147, University Library of Munich, Germany.
    37. George Halkos & Nickolaos Tzeremes, 2012. "Measuring German regions’ environmental efficiency: a directional distance function approach," Letters in Spatial and Resource Sciences, Springer, vol. 5(1), pages 7-16, March.
    38. Halkos, George & Sundström, Aksel & Tzeremes, Nickolaos, 2013. "Environmental performance and quality of governance: A non-parametric analysis of the NUTS 1-regions in France, Germany and the UK," MPRA Paper 48890, University Library of Munich, Germany.
    39. Jacques Mairesse & Brigitte Dormont, 1985. "Labor and Investment Demand at the Firm Level: A Comparison of French, German and U.S. Manufacturing, 1970-79," NBER Working Papers 1554, National Bureau of Economic Research, Inc.
    40. George Bitros, 2010. "The theorem of proportionality in contemporary capital theory: An assessment of its conceptual foundations," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(4), pages 367-401, December.
    41. ., 2013. "Revisiting U.S. Productivity Growth over the Past Century with a View of the Future," Chapters, in: D. S.P. Rao & Bart van Ark (ed.), World Economic Performance, chapter 12, pages 317-370, Edward Elgar Publishing.
    42. Robert J. Gordon & John Veitch, 1986. "Fixed Investment in the American Business Cycle, 1919-83," NBER Chapters, in: The American Business Cycle: Continuity and Change, pages 267-358, National Bureau of Economic Research, Inc.
    43. Sanghamitra Das, 1990. "A Micro Econometric Model of Capital Utilization and Retirement," NBER Working Papers 3568, National Bureau of Economic Research, Inc.
    44. F. J. Escribá-Pérez & M. J. Murgui-García & J. R. Ruiz-Tamarit, 2017. "Economic and Statistical Measurement of Physical Capital with an Application to the Spanish Economy," LIDAM Discussion Papers IRES 2017020, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    45. Halkos, George & Tzeremes, Nickolaos, 2013. "Renewable energy consumption and economic efficiency: Evidence from European countries," MPRA Paper 44136, University Library of Munich, Germany.
    46. Prucha, Ingmar R. & Nadiri, M. Ishaq, 1991. "Endogenous Capital Utilization and Productivity Measurement in Dynamic Factor Demand Models: Theory and an Application to the U.S. Electrical Machinery Industry," Working Papers 91-04, C.V. Starr Center for Applied Economics, New York University.
    47. Halkos, George & Tzeremes, Nickolaos, 2012. "Regional economic growth and environmental efficiency in greenhouse emissions: A conditional directional distance function approach," MPRA Paper 40015, University Library of Munich, Germany.
    48. Escribá-Pérez, F.J. & Murgui-García, M.J. & Ruiz-Tamarit, J.R., 2018. "Economic and statistical measurement of physical capital: From theory to practice," Economic Modelling, Elsevier, vol. 75(C), pages 246-255.
    49. Taberna, Alessandro & Filatova, Tatiana & Roventini, Andrea & Lamperti, Francesco, 2022. "Coping with increasing tides: Evolving agglomeration dynamics and technological change under exacerbating hazards," Ecological Economics, Elsevier, vol. 202(C).
    50. George Bitros, 2008. "Why the structure of capital and the useful lives of its components matter: A test based on a model of Austrian descent," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 21(4), pages 301-328, December.
    51. Halkos, George & Tzeremes, Nickolaos, 2013. "An additive two-stage DEA approach creating sustainability efficiency indexes," MPRA Paper 44231, University Library of Munich, Germany.
    52. Klepsch, Catharina & Elsas, Ralf, 2016. "How and when do firms adjust their investments toward targets?," VfS Annual Conference 2016 (Augsburg): Demographic Change 145486, Verein für Socialpolitik / German Economic Association.
    53. Fagiolo G. & Roventini A., 2004. "Animal Spirits, Lumpy Investment, and the Business Cycle," Computing in Economics and Finance 2004 109, Society for Computational Economics.
    54. Georgios Bitros, 2005. "Some Novel Implications of Replacemnt and Scrapping," Macroeconomics 0504029, University Library of Munich, Germany.

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