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productivity across sectors exhibits weak correlation. While previous work examined production complementarity, our analysis … production and a low marginal cost of replication, sectors can share the cost to forecast their sector-specific productivity … explores complementarity in information acquisition. Because information about future productivity has a high fixed cost of …
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productivity across sectors exhibits weak correlation. While previous work examined production complementarity, our analysis … production and a low marginal cost of replication, sectors can share the cost to forecast their sector-specific productivity … explores complementarity in information acquisition. Because information about future productivity has a high fixed cost of …
Persistent link: https://www.econbiz.de/10012778290
productivity across sectors exhibits weak correlation. While previous work examined production complementarity, our analysis … each paying the full production cost to forecast their sector-specific productivity. Sectors with common, aggregate … explores complementarity in information acquisition. Because information about future productivity has a high fixed cost …
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industries is highly correlated, identifiable shocks, like shocks to productivity, are far less correlated. While previous work … has examined complementarities in production, we propose that sectors make similar input decisions because of … complementarities in information acquisition. Because information about driving forces has a high fixed cost of production and a low …
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