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Does a Soft Macroeconomic Environment Induce Restructuring on the Microeconomic Level during the Transition Period? Evidence from Investment Behavior of Czech Enterprises
Lizal, Lubomir - 1999
The paper analyzes investment behavior of industrial enterprises in the period immediately following price and foreign … microeconomic decisions. A dynamic investment function with symmetric adjustment cost function based on the Euler equation has been … estimated. The derived and estimated investment function accounts for export sales in order to determine whether firms evaluate …
Persistent link: https://www.econbiz.de/10009476702
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Geothermal investment analysis with site-specific applications to Roosevelt Hot Springs and Cove Fort-Sulphurdale, Utah
Cassel, T.A.V.; Edelstein, R.H.; Blair, P.D. - 2007
The analysis and modeling of investment behavior in the development of hydrothermal electric power facilities are … reported. This investment behavior reflects a degree of sensitivity to public policy alternatives concerning taxation and … realistic and theoretically sound means for estimating the impacts of such public policy alternatives. A stochastic simulation …
Persistent link: https://www.econbiz.de/10009436469
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Geothermal development and production of electricity in the Southwestern United States
Nowotny, K.R.; Rao, C.R. - 2007
A computer simulation model (GIRORA-Electric) is developed to study the economics of power generation from high … temperature geothermal resources. GIRORA-Electric is a discounted cash flow investment model which evaluates the rate of return on … producers' capital investment. This model consists of two major submodels: the exploration and development of a geothermal …
Persistent link: https://www.econbiz.de/10009437222
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Essays in Telecommunications Economics
Heimeshoff, Gerrit Ulrich - 2008
the determinants of telecommunications investments and presents two possible solutions to the investment problem. The …
Persistent link: https://www.econbiz.de/10009451158
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Modelling Evolving Rules for the Use of Common-Pool Resources in an Agent-Based Model
Smajgl, Alexander - 2007
"Institutional arrangements are key drivers of the use of common-pool resources (CPR). The analysis of existing arrangements requires a framework that allows research to describe a case study systematically and diagnose the institutional setting. Based on a sound understanding of current...
Persistent link: https://www.econbiz.de/10009468439
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14.661 Labor Economics I, Fall 2006
Pischke, Jorn-Steffen; Angrist, Joshua - 2006
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …
Persistent link: https://www.econbiz.de/10009432547
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Marginal Intra-Industry Trade and Adjustment Costs in the Hungarian Food Industry
Ferto, Imre - 2006
Recent developments in intra-industry trade (IIT) literature focus on the relationships between IIT and adjustment costs associated with changes in trade pattern. The effects of trade liberalisation depend, inter alia, on whether trade is of an inter-industry or intra-industry nature. The belief...
Persistent link: https://www.econbiz.de/10009442455
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Effective Labor Regulation and Microeconomic Flexibility
Caballero, Ricardo J.; Cowan, Devin N.; Engel, Eduardo … - 2004
Microeconomic flexibility, by facilitating the process of creative-destruction, is at the core of economic growth in modern market economies. The main reason for why this process is not infinitely fast is the presence of adjustment costs, some of them technological, others institutional. Chief...
Persistent link: https://www.econbiz.de/10009444166
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Dynamic adjustments in the Dutch greenhouse sector due to environmental regulations
Verreth, Daphne M.I.; Emvalomatis, Grigorios; Bunte, … - 2011
investment in energy-saving technologies. The paper aimed to assesDutch greenhouse farmers‘ responses to policies that would …
Persistent link: https://www.econbiz.de/10009445192
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Trade Liberalisation with Costly Adjustment
Forteza, Alvaro; Patron, Rossana - 2003
The paper analyses the efficiency and the distributional effects of eliminating a tariff in a protected sector, in a Heckscher-Ohlin model of trade with costs of adjustment. The tariff can be eliminated at the onset or after a while. In case of postponing it the government may pre-announce the...
Persistent link: https://www.econbiz.de/10009445704