• Sequentiality versus simultaneity : interrelated factor demand 

      Asphjell, Magne Krogstad; Letterie, Wilko; Nilsen, Øivind Anti; Pfann, Gerard A. (Discussion paper, Working paper, 2010-12)
      A structural model is developed and estimated by a maximum likelihood routine to investigate interrelated factor demand subject to nonconvex adjustment costs. The dataset concerns Norwegian plants operating in manufacturing ...