Blar i Department of Economics på emneord "factor demand"

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    • Interrelated factor demand with nonconvex adjustment costs 

      Letterie, Wilko; Nilsen, Øivind Anti; Pfann, Gerard A. (Discussion paper, Working paper, 2008-04)
      In this paper we develop a model to describe a firm’s demand for two production factors which is subject to the presence of nonconvex adjustment costs. In our model simultaneous adjustment of these two production factors ...

    • 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 ...