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Why are concavity conditions not satisfied in the cost function? : the case of Japanese manufacturing firms during the bubble period
Ogawa, Kazuo (contributor) - 2008
This paper examines empirically some of the reasons why Japanese manufacturing firms frequently fail to satisfy concavity conditions of the cost function. We focus on the “bubble period” in the 1980s when land was in great demand for reasons related to both production and speculation, and...
Persistent link: https://www.econbiz.de/10003757808
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Why are concavity conditions not satisfied in the cost function? : the case of Japanese manufacturing firms during the bubble period
Ogawa, Kazuo - In: Oxford bulletin of economics and statistics 73 (2011) 4, pp. 556-580
Persistent link: https://www.econbiz.de/10009241606
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Household debt and consumption : a quantitative analysis based on household micro data for Japan
Ogawa, Kazuo; Wan, Junmin - In: Journal of housing economics 16 (2007) 2, pp. 127-142
Persistent link: https://www.econbiz.de/10003609381
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Why are concavity conditions not satisfied in the cost function? The case of Japanese manufacturing firms during the bubble period
Ogawa, Kazuo - 2008
This paper examines empirically some of the reasons why Japanese manufacturing firms frequently fail to satisfy concavity conditions of the cost function. We focus on the 'bubble period' in the 1980s when land was in great demand for reasons related to both production and speculation, and land...
Persistent link: https://www.econbiz.de/10010332199
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Why are Concavity Conditions Not Satisfied in the Cost Function? The Case of Japanese Manufacturing Firms during the Bubble Period
Ogawa, Kazuo - 2008
This paper examines empirically some of the reasons why Japanese manufacturing firms frequently fail to satisfy concavity conditions of the cost function. We focus on the "bubble period" in the 1980s when land was in great demand for reasons related to both production and speculation, and land...
Persistent link: https://www.econbiz.de/10014214453