haku: @indexterm economic theory / yhteensä: 1079
viite: 6 / 1079
Tekijä:Nilsen, O.A. (et al.)
Otsikko:Lumpy investments, factor adjustments, and labour productivity
Lehti:Oxford Economic Papers
2009 : JAN, VOL. 61:1, p. 104-127
Asiasana:economic theory
capital investment
labour
productivity
manufacturing industry
service
Scandinavia
Nordic countries
Norway
Kieli:eng
Tiivistelmä:This paper deals with firms' output and factor demands before, during, and after lumpy investment episodes. Based on a rich employer-employee panel data set from 1995 to 2003 of two manufacturing industries (henceforth as: man-indts.) and one service industry (as: s-indt.) from Norway, the focus is on simultaneous variations in output, capital, materials, labour productivity, man hours, and the skill composition and hourly cost of labour. ... Focusing on sectoral differences, it is found that capital adjustments are smoother in the s-indt. than in the two man-indts., possibly related to differences in labour intensities btw. the industries.
SCIMA tietueen numero: 268676
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