utilization. The results obtained show that potential output growth exhibits a gradual decline that predates the Great Recession …

evaluate whether capacity utilization is endogenous to demand is weak for the following reasons: (i) The Federal Reserve Board … (FRB) measure of utilization is not appropriate for measuring long-run variations of utilization because of the method and … utilization rate is not consistent with any theory of the determination of capacity utilization. Even if demand did not play a …

This article explores the effect of WTO membership and the duration of this membership on the utilization of non … positive effect on the utilization rate of GSP programs and other trade preferences. WTO members have made a better utilization … exists a non-linear positive effect of the duration of WTO membership on the utilization of both GSP programs and other trade …

requires implausibly high cross-country correlations of productivity shocks. This paper builds a model in which the utilization … rates of capital and labor can be varied in response to shocks. We find that variable factor utilization is quite successful …, with most of the improvement stemming from variable capital utilization …

, physical capital accumulation and utilization, along with labor requirement decisions. Empirical work has found that there are … dynamic path as the R&D intensity of physical capital increases, knowledge per worker rises and the utilization rate of … growth and utilization rates …

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

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 …

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 …

utilization of inputs over the cycle, and (iv) resource reallocations. Recent macroeconomic literature views this stylized fact of … function, using a theoretically motivated proxy for utilization. When we implement this approach, we find that variable … utilization and resource reallocations are particularly important in explaining procyclical productivity. We also argue that the …