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Time-To-Build

Interrelated Investment and Labour Demand Modelling With Applications to Six OECD Countries

  • Marga¬†Peeters

Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 420)

Table of contents

About this book

Introduction

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.

Keywords

Algorithmen Investition Investments Labour Demand PREN Time-to-Build nichtlineare Gleichungen production

Authors and affiliations

  • Marga¬†Peeters
    • 1
  1. 1.WeertThe Netherlands

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-46815-5
  • Copyright Information Springer-Verlag Berlin Heidelberg 1995
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-540-58809-2
  • Online ISBN 978-3-642-46815-5
  • Series Print ISSN 0075-8442
  • Buy this book on publisher's site
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