Nakanishi, Yasuo - Volkswirtschaftliche Fakultät, … - 2011
macroeconomy, with a particular focus on the adjustment of IT capital stock. We use the Translog model in this study and treat IT … capital as the only quasi-fixed factor. We found that the shadow price of IT capital was largely decreased, and that there was …. There was also a high investment incentive in most periods. We found evidence for the contribution of IT capital to labor …