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Capital Utilization and Capital Accumulation: Theory and Evidence

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NBER1986-04-01 更新2025-01-04 收录
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A firm may acquire additional caoital input by purchasing new capital or by increasing the utilization of its current capital. The margin between capital accumulation and capital utilization is studied in a model of dynamic factor demand where the firm chooses capital, labor, and their rates of

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1986-04-01
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