Search Results - subject:"factor demand"

The effects of electricity and fuel prices on Swedish industry : a panel VAR approach

Lindström, Hanna; Lundgren, Tommy; Vesterberg, Mattias - In: Energy economics 152 (2025), pp. 1-15

Persistent link: https://www.econbiz.de/10015615343

Substitution and size effect for factor demand revisited

Bröcker, Johannes; Requate, Tilman - In: Economic theory bulletin 10 (2022) 2, pp. 251-265

Persistent link: https://www.econbiz.de/10013431167

International market exposure to sovereign ESG

Morgenstern, Christian; Coqueret, Guillaume; Kelly, James - In: Journal of sustainable finance & investment 14 (2024) 4, pp. 968-987

Persistent link: https://www.econbiz.de/10015197374

Substitution and size effect for factor demand revisited

Bröcker, Johannes; Requate, Till - In: Economic Theory Bulletin 10 (2022) 2, pp. 251-265

We reconsider the decomposition of the comparative statics effect of a factor price increase on (unconditional) factor … demand into a substitution and a size (or level) effect. While for the own price effect the substitution effect and the size …

Persistent link: https://www.econbiz.de/10015205186

Identifying the elasticity of substitution between capital and labour: A pooled GMM panel estimator

Von Brasch, Thomas; Raknerud, Arvid; Vigtel, Trond C. - 2022

Simultaneity represents a fundamental problem when estimating the elasticity of substitution between capital and labour. To overcome this problem, a wide variety of external instruments has been applied in the literature. However, the use of instruments may lead to wrong inference if they are...

Persistent link: https://www.econbiz.de/10013480197

Internal Adjustment Costs of Firm-Specific Factors and the Neoclassical Theory of the Firm

Chetty, V. K.; Heckman, James J. - 2022

observe each sector separately. Aggregating over both sectors produces short-run and long-run factor demand functions that …

Persistent link: https://www.econbiz.de/10014296488

Identifying the elasticity of substitution between capital and labour : a pooled GMM panel estimator

Brasch, Thomas von; Raknerud, Arvid; Vigtel, Trond C. - 2022

Persistent link: https://www.econbiz.de/10013162412

Dynamic Factor Demand with Final and Intermediate Inventories

Von zur Mühlen, Peter - 2022

This paper analyses an empirical, dynamic optimization-based model of factor demand for n quasi-fixed factors in US … multiple-factor demand theory is that the derived static factor demand equations are interdependent. Firms are assumed to store … stationarity of factor demand. For a variety of specifications, estimates of the vector error-correction models indicate that …

Persistent link: https://www.econbiz.de/10013404234

Dynamic Factor Demands Under Rational Expectations

Pindyck, Robert S.; Rotemberg, Julio - 2022

This paper presents a dynamic model of the industrial demands for structures, equipment, and blue- and white-collar labor. Our approach is consistent with producers holding rational expectations and optimizing dynamically in the presence of adjustment costs, yet it permits generality of...

Persistent link: https://www.econbiz.de/10013324488

Internal adjustment costs of firm-specific factors and the neoclassical theory of the firm

Chetty, V. Karuppan; Heckman, James J. - 2022

observe each sector separately. Aggregating over both sectors produces short-run and long-run factor demand functions that …

Persistent link: https://www.econbiz.de/10013463309