Search Results - subject:"Capacity utilization"

Capital heterogeneity as a source of comparative advantage : putty-clay technology in a Ricardian model

Ishise, Hirokazu - 2015

I consider how heterogeneity in capital goods affects international trade patterns, and I show a novel source of comparative advantage: the magnitude of capital goods heterogeneity. Capital goods are heterogeneous in their vintage and productivity, and due to capacity constraints, only...

Persistent link: https://www.econbiz.de/10010533085

Texas interconnection grid : economic optimal capacity utilization rate evidence

Prentis, Eric L. - In: International Journal of Energy Economics and Policy : IJEEP 5 (2015) 3, pp. 686-692

Persistent link: https://www.econbiz.de/10011455989

Conflict as a closure: A Kaleckian model of growth and distribution under financialization

Raghavendra, Srinivas; Piiroinen, Petri T. - 2019

rates generates dynamics between growth and distribution that results in a long-run variation in the capacity utilization … rate. The model developed here generates oscillations in the rate of capacity utilization in the short run before settling … down to its long-run value. Furthermore, the long-run value of the rate of capacity utilization falls within a range of …

Persistent link: https://www.econbiz.de/10012041675

On the "utilization controversy": A rejoinder and some comments

Nikiforos, Michalis - 2019

evaluate whether capacity utilization is endogenous to demand is weak for the following reasons: (i) The Federal Reserve Board … utilization rate is not consistent with any theory of the determination of capacity utilization. Even if demand did not play a …

Persistent link: https://www.econbiz.de/10012142987

Secular stagnation and income distribution dynamics

Kiefer, David M.; Mendieta-Muñoz, Ivan; Rada, Codrina; … - 2019

distribution, represented by the trajectory of the labor share of income, and economic activity, as measured by capacity … utilization. The results obtained show that potential output growth exhibits a gradual decline that predates the Great Recession …

Persistent link: https://www.econbiz.de/10013269241

Capacity utilization declines

Wohlrabe, Klaus; Wollmershäuser, Timo - In: Ifo-Schnelldienst 72 (2019) 4, pp. 71

The ifo Capacity Utilization Indicator fell to 88.3% in January 2019. Approx. 7,000 reports from companies-submitted as …

Persistent link: https://www.econbiz.de/10011976851

Leverage and Capital Utilization

Duarte, Diogo - 2019

Our paper documents procyclical behavior between capital utilization and short-term debt. This strong positive relationship persists even when we control the regressions for firm size, profits, and growth, attesting to the robustness of our findings. In addition, our analysis of the time series...

Persistent link: https://www.econbiz.de/10012897120

Quantity-Contingent Auctions and Allocation of Airport Slots

Ball, Michael O. - 2019

In this paper, we define and investigate quantity-contingent auctions. Such auctions can be used when there exist multiple units of a single product and the value of a set of units depends on the total quantity sold. For example, a road network or airport will become congested as the number of...

Persistent link: https://www.econbiz.de/10012897364

Labor Market Slack and the Output Gap : The Case of Korea

Hansen, Niels-Jakob Harbo - 2019

Output gap estimates are widely used to inform macroeconomic policy decisions, including in Korea. The main determinant of these estimates is the measure of labor market slack. The traditional measure of unemployment in Korea yields an incomplete estimate of labor market slack, given that many...

Persistent link: https://www.econbiz.de/10012864101

Output Gap Estimation Uncertainty : Extracting the TFP Cycle Using an Aggregated PMI Series

Clancy, Daragh - 2019

The concepts of potential growth and the output gap are important components in assessing the business cycle and productive capacity of an economy. However, being unobservable, these measures must be estimated. The Fiscal Compact will result in these concepts being used to judge EU member states...

Persistent link: https://www.econbiz.de/10012866790