Uncertainty about the level of demand is thought to influence irreversible capacity decisions. This paper examines some implications of the theory literature on this topic in an empirical study of the US cement industry between 1994 and 2006. Firms in this sector have the ability to deliver...

The location of energy-intensive industries and their associated emissions plays a key role in the climate policy debate. The models addressing this issue typically assume constant returns to scale in production and use the Armington assumption to differentiate energy-intensive commodities...

The paper makes an attempt to compare the financial performance of different companies of cement industry using composite index based developed with the Ordered Weighted Average (OWA) method. The financial performance of the different companies is measured based on parameters like Growth,...