Industry Dynamics with Adjustment Costs
收藏NBER2002-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8849
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资源简介：
Adjustment costs determine the dynamics of the response of an industry's output to a shift in demand. Absent any adjustment costs, an increase in demand not accompanied by any change in factor prices raises output, labor, capital, and materials in the same proportion. In the presence of adjustment
提供机构：
美国国家经济研究局
创建时间：
2002-03-01
