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Time-To-Build|Marga Peeters

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

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Overview

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.

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Details

  • ISBN-13: 9783540588092
  • ISBN-10: 3540588094
  • Publisher: Springer
  • Publish Date: February 1995
  • Dimensions: 9.21 x 6.14 x 0.46 inches
  • Shipping Weight: 0.69 pounds
  • Page Count: 204

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