Time-To-Build : Interrelated Investment and Labour Demand Modelling With Applications to Six OECD Countries PDF
by Marga Peeters
Part of the Lecture Notes in Economics and Mathematical Systems series
- Information
Description
As large physical capital stock projects need long periods to be built, a time-to-build specification is incorporated in factor demand models.
Time-to-build and adjustment costs dynamics are identified since by the first moving average dynamics, whereas by the latter autoregressive dynamics are induced.
Empirical evidence for time-to-build is obtained from data from the Dutch construction industry and by the estimation result from the manufacturing industry of six OECD countries.
Information
-
Download Now
- Format:PDF
- Publisher:Springer Berlin Heidelberg
- Publication Date:06/12/2012
- Category:
- ISBN:9783642468155
Information
-
Download Now
- Format:PDF
- Publisher:Springer Berlin Heidelberg
- Publication Date:06/12/2012
- Category:
- ISBN:9783642468155
