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Springer

Time-To-Build: Interrelated Investment and Labour Demand Modelling with Applications to Six OECD Countries

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Product Code: 9783540588092
ISBN13: 9783540588092
Condition: New
$61.47

Time-To-Build: Interrelated Investment and Labour Demand Modelling with Applications to Six OECD Countries

$61.47
 
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.


Author: Marga Peeters
Publisher: Springer
Publication Date: Feb 17, 1995
Number of Pages: 204 pages
Binding: Paperback or Softback
ISBN-10: 3540588094
ISBN-13: 9783540588092
 

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