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The age of capital, the age of utilized capital, and tests of the embodiment hypothesis

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  • Julia Lane
  • Richard McHugh

Abstract

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Suggested Citation

  • Julia Lane & Richard McHugh, 1986. "The age of capital, the age of utilized capital, and tests of the embodiment hypothesis," Working Papers 86-4, Federal Reserve Bank of Philadelphia.
    • Handle: RePEc:fip:fedpwp:86-4
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    Cited by:

    1. Plutarchos Sakellaris & Daniel J. Wilson, 2004. "Quantifying Embodied Technological Change," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(1), pages 1-26, January.
    2. 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.
    3. Donald R. Epley, 1990. "The Concept and Market Extraction of Effective Age for Residential Properties," Journal of Real Estate Research, American Real Estate Society, vol. 5(1), pages 41-52.
    4. Savvidou, Eleni, 2003. "The Relationship Between Skilled Labor and Technical Change," Working Paper Series 2003:27, Uppsala University, Department of Economics.
    5. 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.
    6. Whelan, Karl, 2007. "Embodiment, productivity, and the age distribution of capital," Journal of Macroeconomics, Elsevier, vol. 29(4), pages 724-740, December.
    7. Benoit Millot & Julia Lane, 2002. "The Efficient Use of Time in Education," Education Economics, Taylor & Francis Journals, vol. 10(2), pages 209-228.
    8. Bitros, George C., 2009. "The Theorem of Proportionality in Mainstream Capital Theory: An Assessment of its Conceptual Foundations," MPRA Paper 17436, University Library of Munich, Germany.
    9. Daniel J. Wilson, 2002. "Is Embodied Technology the Result of Upstream R&D? Industry-Level Evidence," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(2), pages 285-317, April.
    10. Harry Bloch & Gary Madden, 1995. "Productivity growth in Australian manufacturing: a vintage capital model," International Journal of Manpower, Emerald Group Publishing Limited, vol. 16(1), pages 22-31, February.

    More about this item

    Keywords

    Capital; Labor productivity;

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