The cyclicality of markups in a model with adjustment costs: econometric evidence for US industry
Article Abstract:
Price increases of products are affected by the demand for the product. Also, price changes are expected stemming from the manufacturer's attainment of more efficient means of production as it gains more experience in the industry. Another factor would be changes in capital investments to the manufacturing process. These variables when combined result in the cyclical changes in price markups of products.
Publication Name: Oxford Bulletin of Economics & Statistics
Subject: Economics
ISSN: 0305-9049
Year: 1998
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Investment in fixed capital stock: testing for the impact of sectoral and systemic uncertainty
Article Abstract:
The relation between uncertainty and investment expenditures, and its implications on South African economy, is examined. Estimation methods are used for the study.
Publication Name: Oxford Bulletin of Economics & Statistics
Subject: Economics
ISSN: 0305-9049
Year: 2004
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Correcting standard errors in two-stage estimation procedures with generated regressands
Article Abstract:
An unbiased correction procedure to correct standard errors in two-stage regression models is presented.
Publication Name: Oxford Bulletin of Economics & Statistics
Subject: Economics
ISSN: 0305-9049
Year: 2005
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