RATE OF RETURN REGULATION AND THE REGULATED FIRM'S CHOICE OF CAPITAL-LABOR RATIO: FURTHER EMPIRICAL EVIDENCE ON THE AVERCH-JOHNSON MODEL.
The purpose of this paper is to present an alternative test of the Averch-Johnson model employing the implicit demand function for the firm's choice of capital and labor production.[1] This procedure permits one to analyze several comparative static properties of the A-J model. In addition to a test...
| Publicado en: | Southern Economic Journal Vol. 42; no. 3; pp. 384 - 399 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Jan76
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |