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| Author: | Benkard, L. |
| Title: | Learning and forgetting: the dynamics of aircraft production |
| Journal: | American Economic Review
2000 : SEP, VOL. 90:4, p. 1034-1054 |
| Index terms: | LEARNING AIRCRAFT INDUSTRY PRODUCTION |
| Language: | eng |
| Abstract: | Many past empirical studies have documented "learning-by- -doing", the hypothesis that unit cost decreases with cumulative production, in military aircraft production. Utilizing newly available production data for the Lockheed L-1011 TriStar, this paper studies commercial aircraft production, with an emphasis on the dynamics of production technology. Because commercial production is subject to many uncertainties not present in military production, the data presented here allow consideration of a richer set of hypotheses than was previously possible. |
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