Items related to Time-To-Build: Interrelated Investment and Labour Demand...

Time-To-Build: Interrelated Investment and Labour Demand Modelling With Applications to Six O.E.C.D. Countries: 420 (Lecture Notes in Economics and Mathematical Systems, 420) - Softcover

Peeters, Marga

 
9783540588092: Time-To-Build: Interrelated Investment and Labour Demand Modelling With Applications to Six O.E.C.D. Countries: 420 (Lecture Notes in Economics and Mathematical Systems, 420)

Synopsis

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.

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