Time-To-Build

Interrelated Investment and Labour Demand Modelling With Applications to Six OECD Countries

Paperback Engels 1995 9783540588092
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Samenvatting

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.

Specificaties

ISBN13:9783540588092
Taal:Engels
Bindwijze:Paperback
Aantal pagina's:204
Uitgever:Springer Berlin Heidelberg
Thema:
1DDN Nederland
1QF Politieke, socio-economische, culturele en strategische groeperingen

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