Moore's law and learning by doing

被引:25
作者
Jovanovic, B
Rousseau, PL
机构
[1] Univ Chicago, Dept Econ, Chicago, IL 60637 USA
[2] NYU, Dept Econ, New York, NY 10003 USA
[3] Vanderbilt Univ, Dept Econ, Nashville, TN 37235 USA
基金
美国国家科学基金会;
关键词
computers; electricity; internal combustion;
D O I
10.1006/redy.2002.0162
中图分类号
F [经济];
学科分类号
02 ;
摘要
We model Moore's law as efficiency of computer producers that rises as a by-product of their experience. We find the following: (1) Because computer prices fall much faster than the prices of electricity-driven and diesel-driven capital ever did, growth in the coming decades should be very fast. (2) The obsolescence of firms today occurs faster than before, partly because the physical capital they own becomes obsolete faster. (C) 2002 Elsevier Science (USA).
引用
收藏
页码:346 / 375
页数:30
相关论文
共 47 条
[1]  
[Anonymous], 2000, The Economic Report of the President Transmitted to the Congress, Together with a Report to the President
[2]  
[Anonymous], 1962, SOURCES EC GROWTH TH
[3]  
[Anonymous], NY TIMES
[4]  
[Anonymous], TECHNOLOGY PRODUCTIV
[5]  
ANSO N, 2001, SUSTAINABLE ENERGY N, V34, P15
[6]   THE ECONOMIC-IMPLICATIONS OF LEARNING BY DOING [J].
ARROW, KJ .
REVIEW OF ECONOMIC STUDIES, 1962, 29 (80) :155-173
[7]   DECOMPOSING LEARNING BY DOING IN NEW PLANTS [J].
BAHK, BH ;
GORT, M .
JOURNAL OF POLITICAL ECONOMY, 1993, 101 (04) :561-583
[8]  
Barro R., 1995, EC GROWTH
[9]   CONVERGENCE [J].
BARRO, RJ ;
SALAIMARTIN, X .
JOURNAL OF POLITICAL ECONOMY, 1992, 100 (02) :223-251
[10]  
BERNDT ER, 2000, PRICE QUALITY DESKTO