Time-To-Build
- Interrelated Investment and Labour Demand Modelling With Applications to Six OECD Countries
- Format
- E-bog, PDF
- Engelsk
- Indgår i serie
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Beskrivelse
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.
Detaljer
- SprogEngelsk
- Udgivelsesdato06-12-2012
- ISBN139783642468155
- Forlag Springer Berlin Heidelberg
- FormatPDF
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