Browsing Documentos de Trabajo e Informes Técnicos by Author "Romero-Avila, Diego"

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      Long-Term Growth and Persistence with Endogenous Depreciation: Theory and Evidence 

      Barañano Mentxaka, Ilaski ORCID; Romero-Avila, Diego (Departamento de Fundamentos dle Análisis Económico I, 2013)
      Previous research has shown a strong positive correlation between short-term persistence and long-term output growth as well as between depreciation rates and long-term output growth. This evidence, therefore, contradicts ...