Capacity utilization and depreciation-in-use

In this paper, the effect capacity utilization has on the depreciation of capital goods is studied, starting from a quadratic approximation to a normalized short-run cost function. Expressions for the optimal rate of capacity utilization, the demands for labour and energy, and for investment are obt...

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Bibliographische Detailangaben

Veröffentlicht in:	Applied economics 1987-08, Vol.19 (8), p.995-1007
Hauptverfasser:	Bischoff, Charles W., Kokkelenberg, Edward C.
Format:	Artikel
Sprache:	eng
Schlagworte:	Applied economics Capacity Capital depreciation Capital goods Cost Depreciation Economic models Economic theory Functions Investment Statistical analysis Useful life
Online-Zugang:	Volltext
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