Capital destruction, optimal defense and economic growth
Borradores de Economía; No. 257
Date published
2003-09-14Date of last update
2003-09-14Document language
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
Abstract
The effects of capital destruction are endogenized in a neoclassical growth model where the economy can optimally allocate part of its labor force to defend capital from being destroyed. The purpose is to explain the optimal allocation of the labor force
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URI
https://repositorio.banrep.gov.co/handle/20.500.12134/5275https://hdl.handle.net/20.500.12134/5275
https://doi.org/10.32468/be.257
https://ideas.repec.org/p/bdr/borrec/257.html
https://ideas.repec.org/p/col/000094/002096.html
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