| dc.contributor | Escolas::EPGE | |
| dc.creator | Teixeira, Arilton | |
| dc.date.accessioned | 2014-12-02T13:32:52Z | |
| dc.date.accessioned | 2022-11-03T20:08:40Z | |
| dc.date.available | 2014-12-02T13:32:52Z | |
| dc.date.available | 2022-11-03T20:08:40Z | |
| dc.date.created | 2014-12-02T13:32:52Z | |
| dc.date.issued | 2003-03-13 | |
| dc.identifier | http://hdl.handle.net/10438/12700 | |
| dc.identifier.uri | https://repositorioslatinoamericanos.uchile.cl/handle/2250/5032329 | |
| dc.description.abstract | We study a two–sector version of the neoclassical growth model with coalitions of factor suppliers in the capital producing sectors. We show that if the coalitions have monopoly rights, then they block the adoption of the efficient technology. We also show that blocking leads to a decrease in the productivity of each capital producing sector and to an increase in the relative price of capital; as a result the capital stock and the production fall in each sector. We finally show that the implied fall in the level of per–capita income can be large quantitatively. | |
| dc.language | eng | |
| dc.publisher | Escola de Pós-Graduação em Economia da FGV | |
| dc.relation | Seminários de pesquisa econômica da EPGE; | |
| dc.rights | Todo cuidado foi dispensado para respeitar os direitos autorais deste trabalho. Entretanto, caso esta obra aqui depositada seja protegida por direitos autorais externos a esta instituição, contamos com a compreensão do autor e solicitamos que o mesmo faça contato através do Fale Conosco para que possamos tomar as providências cabíveis | |
| dc.subject | Monopoly rights | |
| dc.subject | Technology adoption | |
| dc.subject | Total factor productivity | |
| dc.subject | Vested interests | |
| dc.subject | Capital accumulation | |
| dc.title | Monopoly rights can reduce income big time | |
| dc.type | Working Paper | |
