Search Results - subject:"Capital Utilization"

Variable Factor Utilization and International Business Cycles

Baxter, Marianne; Farr, Dorsey - 2021

, with most of the improvement stemming from variable capital utilization …

Persistent link: https://www.econbiz.de/10013224673

Chronic Excess Capacity in U.S. Industry

Hall, Robert E. - 2021

Previous research has suggested that firms in a number of industrieshave considerable market power, in the sense that their prices exceedtheir marginal costs. However, the observed profits of those industriesare not nearly as high as would occur under full exploitation of the marketpower with a...

Persistent link: https://www.econbiz.de/10013226940

Does Knowledge Intensity Matter? a Dynamic Analysis of Research and Development, Capital Utilization and Labor Requirements

Bernstein, Jeffrey I.; Nadiri, M. Ishaq - 2021

In this paper we have developed a dynamic analysis of a firm under-taking research and development (R&D) investment, physical capital accumulation and utilization, along with labor requirement decisions. Empirical work has found that there are significant costs to develop knowledge....

Persistent link: https://www.econbiz.de/10013227062

A Micro Econometric Model of Capital Utilization and Retirement

Das, Sanghamitra - 2021

The paper presents a micro econometric model of capital utilization and retirement. Some estimates of a firm's discrete …

Persistent link: https://www.econbiz.de/10013235587

Risk Management with Variable Capital Utilization and Procyclical Collateral Capacity

Chen, Guojun; Lu, Zhongjin; Vij, Siddharth - 2021

We build a risk management model that incorporates variable capital utilization and procyclical collateral capacity …. The former means that capital utilization determines production, which affects capital depreciation and risk exposure …, linking capital utilization to firms' risk management decisions. The latter means that the ability to borrow and hedge …

Persistent link: https://www.econbiz.de/10013237780

On Variable Capital Utilization and International Trade Theory

Svensson, Lars E. O. - 2021

capital utilization is introduced. The first point is that, if capital utilization during a period is less than full because … theory. In particular, there is no need to adjust capital-intensity estimates according to the degree of capital utilization …. This is in contrast to what has been argued in the literature. The other point is that, if capital utilization is less than …

Persistent link: https://www.econbiz.de/10013239187

Why is Productivity Procyclical? Why Do We Care?

Basu, Susanto; Fernald, John G. - 2021

Productivity rises in booms and falls in recessions. There are four main explanations for this procyclical productivity: (i) procyclical technology shocks, (ii) widespread imperfect competition and increasing returns, (iii) variable utilization of inputs over the cycle, and (iv) resource...

Persistent link: https://www.econbiz.de/10013240533

Capital Utilization and Capital Accumulation : Theory and Evidence

Shapiro, Matthew D. - 2021

capital. The margin between capital accumulation and capital utilization is studied in a model of dynamic factor demand where … the firm chooses capital, labor, and their rates of utilization. A direct measure of capital utilization --the workweek of …

Persistent link: https://www.econbiz.de/10013240644

Collusion Sustainability with a Capacity Constrained Firm

Madio, Leonardo; Pignataro, Aldo - 2021

We study an infinitely repeated oligopoly game in which firms compete on quantity and one of them is capacity constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little incentive to deviate from a cartel. We also present...

Persistent link: https://www.econbiz.de/10013241730

Utilizing Additive Manufacturing and Mass Customization under Capacity Constraints

Lacroix, Rachel; Timonina-Farkas, Anna; Seifert, Ralf W. - 2021

Additive manufacturing (AM), originally used for prototyping, is increasingly adopted for custom final part production across different industries. This usage brings new manufacturing opportunities for mass customization (MC). However, printing speed and production volume are two barriers to AM...

Persistent link: https://www.econbiz.de/10013242477