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| Author: | Aizcorbe, A. Kortum, S. |
| Title: | Moore's law and the semiconductor industry: a vintage model |
| Journal: | Scandinavian Journal of Economics
2005 : VOL. 107:4, p. 603-630 |
| Index terms: | equipment innovation productivity semiconductor industry |
| Language: | eng |
| Abstract: | In this paper a theoretical model is developed to better understand the behaviour of the microprocessor sector which is an important segment within the semiconductor industry. Among others findings show that faster technological change leads to faster declines in chip prices. |
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