Capital Utilization - A Theoretical and Empirical Analysis

Klappentext This book presents the theory of capital utilization! a discussion of the econometrics of capital utilization! and econometric tests of the theory using international data. Zusammenfassung This book presents the theory of capital utilization! a discussion of the econometrics of capital utilization! and econometric tests of the theory using international data. Capital utilization! defined as the proportion of time that capital is working productively! is mainly affected by shift-working. Inhaltsverzeichnis Introduction; Part I. Shift-work and the theory of the firm: 1. Cost minimization; 2. Specific functional forms: additional results; 3. Profit maximization; Part II. Estimation: 4. The estimation framework; 5. Econometric literature on capital utilization: an Interpretation; 6. Empirical implementation; Part III. Results: 7. Individual-country results; 8. International comparisons; Part IV. Implications: 9. Analysis of policy changes; 10. Capital utilization and economic growth; 11. Shift-work and the dual economy; 12. Conclusions and speculations.

Product details

• Authors: Roger R. Bentacourt, Roger R. Betancourt, Roger R. Clague Betancourt, Betancourt Roger R., Christopher K. Clague, Clague Christopher K.
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 31.07.2008
• EAN: 9780521070287
• ISBN: 978-0-521-07028-7
• No. of pages: 268
• Subjects: Social sciences, law, business > Business > Advertising, marketing; BUSINESS & ECONOMICS / Economics / Macroeconomics, Economic theory & philosophy, Investment & securities, Investment and securities, Economic theory and philosophy