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Estimating Adjustment Costs with Data on Heterogeneous Capital Goods

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This paper estimates the micro-level costs of adjusting capital using detailed data on" investment decisions in the US airline industry. The data include the capital stock retirement, market values, operating costs, and utilization rates of 16 different types of capital" goods for each airline....

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Estimating Adjustment Costs with Data on Heterogeneous Capital Goods

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This paper estimates the micro-level costs of adjusting capital using detailed data onquot; investment decisions in the US airline industry. The data include the capital stock retirement, market values, operating costs, and utilization rates of 16 different types of capitalquot; goods for each...

Persistent link: https://www.econbiz.de/10012774916