Time-To-Build: Interrelated Investment and Labour Demand Modelling With Applications to Six OECD Countries - Lecture Notes in Economics and Mathematical Systems 420 (Paperback)
  • Time-To-Build: Interrelated Investment and Labour Demand Modelling With Applications to Six OECD Countries - Lecture Notes in Economics and Mathematical Systems 420 (Paperback)
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Time-To-Build: Interrelated Investment and Labour Demand Modelling With Applications to Six OECD Countries - Lecture Notes in Economics and Mathematical Systems 420 (Paperback)

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£89.99
Paperback 204 Pages / Published: 17/02/1995
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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.

Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
ISBN: 9783540588092
Number of pages: 204
Weight: 340 g
Dimensions: 235 x 155 x 11 mm
Edition: Softcover reprint of the original 1st ed. 199

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