[Pdf free] Investment and Factor Demand (Contributions to Economic Analysis)






2016-05-07 2016-05-07File Name: B01E54DW5Q

S.G.B. Henry.....The book is thus to be recommended as a useful introduction to the econometrically aware reader of the application of multi regime models and their estimation,.............This collection of studies by two gifted French econometricians underscores the gains which this approach hasThe first part of the book presents the estimation of traditional models of investment, their interpretation in the light of the disequilibrium theory and their use in evaluating the economic policies implemented during the seventies. The issue of the best representation of the production technology is also addressed. The second part analyses the interdependance of the decisions of investment, employment and consumption of raw materials using simultaneous estimations of factor demand equations,...


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