Capital Utilization and Returns to Scale.

This paper studies the implications of procyclical capital utilization rates for inference regarding cyclical movements in labor productivity and the degree of returns to scale. We organize our investigation around five questions that we study using a measure of capital services based on electricity consumption.

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Year of publication:	1995
Authors:	Burnside, C ; Eichenbaum, M ; Rebelo, S
Institutions:	University of Rochester - Center for Economic Research (RCER)
Subject:	BUSINESS CYCLES

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Series:	RCER Working Papers.
Type of publication:	Book / Working Paper
Notes:	40 pages
Classification:	E32 - Business Fluctuations; Cycles
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005504051