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Time-To-Build

Marga Peeters
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.
Autor: Peeters, Marga
EAN: 9783540588092
Sprache: Englisch
Seitenzahl: 204
Produktart: kartoniert, broschiert
Verlag: Springer Springer, Berlin Springer Berlin Heidelberg
Untertitel: Interrelated Investment and Labour Demand Modelling With Applications to Six OECD Countries
Schlagworte: Arbeit / Arbeitswelt Investition Nachfrage Ökonomische Modelle
Größe: 235
Gewicht: 290 g