关于巴罗增长模型中要素真实价格的注解

Strategy & Microeconomic Policy eJournal Pub Date : 2011-12-07 DOI:10.2139/ssrn.1969353

Philippe Darreau, Francois Pigalle

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摘要

Barro的模型(1990)，为了简化，假设生产者内化了由资本产生的实践学习。一个后果是，资本的价格比完全竞争的价格更高，劳动力的价格比完全竞争的价格更低，而完全竞争并没有将实践学习内在化。如果你将得到与收入分配中观察到的工资率和利率相对应的工资率和利率，我们将展示如何正确地编写“巴罗生产函数”。

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Note on the True Price of Factors in Barro’s Growth Model

Barro’s model (1990), for purposes of simplification, assumes that producers internalize the learning by doing generated by capital. One consequence is that the price of capital is higher and the price of labor lower than the price of perfect competition which does not internalize the learning by doing. We show how one should properly write the 'Barro’s production function' if you will get a wage rate and interest rate corresponding to that observed in the distribution of income.

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Strategy & Microeconomic Policy eJournal

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