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Measuring the Average Period of Production

Antràs, Pol; Tubdenov, Vitalii - National Bureau of Economic Research - 2025

literature is the existence of an 'average period of production' which governs the demand for circulating capital associated with …

Persistent link: https://www.econbiz.de/10015326492

Entry, Exit, Firm Dynamics, and Aggregate Fluctuations

Clementi, Gian Luca - 2013

Do firm entry and exit play a major role in shaping aggregate dynamics? Our answer is yes. Entry and exit propagate the effects of aggregate shocks. In turn, this results in greater persistence and unconditional variation of aggregate time-series. These are features of the equilibrium allocation...

Persistent link: https://www.econbiz.de/10012459446

Measuring Aggregate Productivity Growth Using Plant-Level Data

Petrin, Amil - 2005

We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost …

Persistent link: https://www.econbiz.de/10012466784

Economic Development as Self-Discovery

Hausmann, Ricardo - 2002

In the presence of uncertainty about what a country can be good at producing, there can be great social value to discovering costs of domestic activities because such discoveries can be easily imitated. We develop a general-equilibrium framework for a small open economy to clarify the analytical...

Persistent link: https://www.econbiz.de/10012469762

Markup Behavior in Durable and Nondurable Manufacturing : A production Theory Approach

Morrison, Catherine J. - 1989

effects of cost and demand characteristics on these markups. Price to marginal coat ratios are measured for various Canadian … competition, unemployment and other cost and demand determinants are evaluated using adjusted markup indexes and elasticities of …

Persistent link: https://www.econbiz.de/10012476112

Corporate Taxes and Incentives and the Structure of Production : A Selected Survey

Bernstein, Jeffrey I. - 1988

In this paper we develop a general intertemporal model of production, emphasizing the role of present and expected future corporate income taxes, credits and allowances along with costly adjustment and variable utilization of the quasi-fixed factors. Three specific issues are considered: 1) the...

Persistent link: https://www.econbiz.de/10012476494

The Learning Curve and Optimal Production Under Uncertainty

Majd, Saman - 1987

This paper examines the implications of the learning curve in a world of uncertainty. We consider a competitive firm whose costs decline with cumulative output. Because the price of the firm's output evolves stochastically, future production and cumulative output are unknown, and are contingent...

Persistent link: https://www.econbiz.de/10012476645

Seasonality, Cost Shocks, and the Production Smoothing Model of Inventories

Miron, Jeffrey A. - 1987

seasonal fluctuations. The reason for considering costs shocks is that if firms are buffeted more by cost shocks than demand …

Persistent link: https://www.econbiz.de/10012476708

Export Supply and Import Demand Functions : A Production Theory Approach

Diewert, W. Erwin - 1986

In this paper we theoretically and empirically model import demand and export supply behavior of firms for the U … producer supply and demand functions that are consistent with profit maximizing behavior. This system is then empirically … implemented and the resulting estimates used to construct a full set of supply and demand elasticities characterizing import …

Persistent link: https://www.econbiz.de/10012477060

A Vintage Model of Supply Applied to French Manufacturing

Kouri, Pentti J.K. - 1985

In Kouri, Macedo and Viscio (1982), we applied a vintage model of supply to data from the French manufacturing sector. The model was,however, solved with a particular parametrization (Cobb Douglas production function and a quadratic adjustment function). Also, no fixed factors were allowed for...

Persistent link: https://www.econbiz.de/10012477441