This paper analyzes the keep‐versus‐replace decision whee labor shortages act as production bottlenecks, which can be lessened to some degree by employing new labor saving equipment. Additional realism is brought to the analysis by explicit consideration of product demand, learning, and...

I Methodology -- 1 Methodologies of Economic Impact Analysis: an Overview -- 2 Alternative Economic Base Bifurcation Techniques: Theory, Implementation, and Results -- 3 The Minimum Requirements Technique of Estimating Exports: A Further Evaluation -- 4 Error Generation in Regional Input-Output...