In order to make quantitative evaluations on the nature of capital adjustment costs, in the face of technological changes, we estimate capital adjustment cost functions, either convex, non-convex, or irreversible (Cooper and Haltiwanger, 2006). A simulated method of moments is applied to the...

The Economics of Information Agglomeration -- Technology Information Sharing -- Initiative for Relation-Specific Skills -- Automobile Electronics and Capital Adjustment Costs -- Legal Enforcements for Competition Policy.