Internal Adjustment Costs of Firm-Specific Factors and the Neoclassical Theory of the Firm
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This paper considers the consequences of a two-sector vertically-integrated model of firms producing output using firm-specific capital with a second sector producing firm-specific capital by adapting raw capital purchased in the market. Analysts rarely observe each sector separately. Aggregating
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美国国家经济研究局创建时间：
2022-11-01
