Seminár CEF 2.3.2011 D.Dujava (Ekonomická Univerzita)

[siebertova]

Vážení kolegovia,

pozývame Vás na seminár Centra pre ekonómiu a financie Fakulty matematiky,
fyziky a informatiky Univerzity Komenského. Jeho obsahom bude prednáška

Daniel Dujava (Ekonomická Univerzita):

Time-Consuming Production and Economic Growth,

ktorá sa uskutoční v stredu 2.3.2011 o 15.00

v posluchárni C na FMFI UK.


Abstrakt prednášky:
The paper examines theoretical implications of time-consuming production on economic growth based on technological change. Inspired by Austrian theory of capital we build a model of technological change in which various stages of production are formalized as a sequence of CES-production functions. We assume one R&D sector. Successful research consists in invention of new stages of production. Short-run equilibriums when number of stages of production is constant as well as long-run equilibriums are solved. We conclude that endogenous growth is not possible within a simple framework. Modifications of the model allowing for endogenous growth, namely production-accelerating technological progress, are proposed.

Viac informácií o seminároch nájdete na web-stránke:
http://www.defm.fmph.uniba.sk
v časti "Aktuality a semináre".

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