Technical progress and allocative inefficiency

Seminar

Speaker

Anpeng Li, PhD student, Research School of Economics, ANU.

Venue

Other, please see description for details

Date

Thursday, 26 October, 2017 - 11:00 to 12:00

In this seminar, Anpeng develops a growth model with heterogeneous firms to study the allocative inefficiency in emerging economies. The model economy learns new technology from the world frontier, and reallocates resources to fit the technological change. When a firm starts to catch up the frontier, it faces the uncertainty of future technical progress, and delays the adjustment of production factors as a response.

Find flyers, registration, and complete event details at https://crawford.anu.edu.au/news-events/events/11436/technical-progress-and-allocative-inefficiency

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