• norsk
    • English
  • English 
    • norsk
    • English
  • Login
View Item 
  •   Home
  • Norges Handelshøyskole
  • Department of Economics
  • Discussion papers (SAM)
  • View Item
  •   Home
  • Norges Handelshøyskole
  • Department of Economics
  • Discussion papers (SAM)
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Sequentiality versus simultaneity : interrelated factor demand

Asphjell, Magne Krogstad; Letterie, Wilko; Nilsen, Øivind Anti; Pfann, Gerard A.
Working paper
Thumbnail
View/Open
dp2010-29.pdf (350.5Kb)
URI
http://hdl.handle.net/11250/163244
Date
2010-12
Metadata
Show full item record
Collections
  • Discussion papers (SAM) [604]
Abstract
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 industries and it covers the period 1993-2005.

The estimates indicate that it is advantageous to adjust the stock of labour and capital

simultaneously. The cost advantage of simultaneous changes is small for capital but is large

for labour. The empirical results suggest that when estimating separate factor demand models

the bias of parameter estimates is most severe in case of labour demand.
Publisher
Norwegian School of Economics and Business Administration. Department of Economics
Series
Discussion paper
2010:29

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit
 

 

Browse

ArchiveCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsDocument TypesJournalsThis CollectionBy Issue DateAuthorsTitlesSubjectsDocument TypesJournals

My Account

Login

Statistics

View Usage Statistics

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit