publication . Preprint . Other literature type . 1998

INVESTMENT EFFECTS OF ENDOGENOUS AND EXOGENOUS DEPRECIATION: IMPROVED PASTURES IN URUGUAY

Ekboir, Javier M.; Jarvis, Lovell S.; Rey, Carlos; Ekboir, Javier M.; Jarvis, Lovell S.; Rey, Carlos;
Open Access
  • Published: 01 Jan 1998
Abstract
The depreciation rate for capital assets may have endogenous and exogenous components. Change in the exogenous component depends on technological change and/or environmental factors, shifts the production function, and independently affects profitability and investment. Change in the endogenous component does not. These hypotheses are tested using data on Uruguayan grass-legume pastures.
Subjects
free text keywords: Land Economics/Use,, Land Economics/Use
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publication . Preprint . Other literature type . 1998

INVESTMENT EFFECTS OF ENDOGENOUS AND EXOGENOUS DEPRECIATION: IMPROVED PASTURES IN URUGUAY

Ekboir, Javier M.; Jarvis, Lovell S.; Rey, Carlos; Ekboir, Javier M.; Jarvis, Lovell S.; Rey, Carlos;