This paper makes use of the adjustment cost hypothesis to develop and compare the results of two dynamic input demand models applied to the U.S. cigarette manufcturing. One of the models presented in this paper is the flexible accelerator model and the other is the rational expectation model....

This paper investigates the effect of technological chnage on the demand for, and supply of, hired farm workers in the United Syayes for the period 1950 to 1992. Particular attention is given to the proxy for technological change. We have used total expenditures, both by public and private...

This study examines the long-run relationship between crude oil prices, US dollar exchange rates and the prices of thirty selected international agricultural prices and five international fertilizer prices using panel econometric methods with and without unobserved heterogeneous effects on data...