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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
In this paper, we present a dynamic model which explains output, enployment and energy consumption in the French manufacturing sector in terms of the expectedand actual path of wage rates and energy prices in units of output. The modelhas two distinguishing features: First, the rate of capacity...
Persistent link: https://www.econbiz.de/10012478099
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/10005828432
In this paper, we present a dynamic model which explains output, enployment and energy consumption in the French manufacturing sector in terms of the expectedand actual path of wage rates and energy prices in units of output. The modelhas two distinguishing features: First, the rate of capacity...
Persistent link: https://www.econbiz.de/10005575242
Persistent link: https://www.econbiz.de/10000685765
Persistent link: https://www.econbiz.de/10002378056
Persistent link: https://www.econbiz.de/10002378044
In this paper, we present a dynamic model which explains output, enployment and energy consumption in the French manufacturing sector in terms of the expectedand actual path of wage rates and energy prices in units of output. The modelhas two distinguishing features: First, the rate of capacity...
Persistent link: https://www.econbiz.de/10013235895
Persistent link: https://www.econbiz.de/10003215669
Persistent link: https://www.econbiz.de/10002378077