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Book synopsis

As large physical capital stock projects need long periods to be built, a time-to-build specification is incorporated in factor demand models. Time-to-build and adjustment costs dynamics are identified since by the first moving average dynamics, whereas by the latter autoregressive dynamics are induced. Empirical evidence for time-to-build is obtained from data from the Dutch construction industry and by the estimation result from the manufacturing industry of six OECD countries.

Book details

Book category Books in English Technology, engineering, agriculture Civil engineering, surveying & building Building construction & materials

• Full title: Time-To-Build
• Subtitle: Interrelated Investment and Labour Demand Modelling With Applications to Six OECD Countries
• Author: Marga Peeters
• Language: English
• Binding: Paperback
• Number of pages: 204
• EAN: 9783540588092
• ISBN: 3540588094
• ID: 06809273
• Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
• Weight: 341 g
• Dimensions: 235 × 155 × 13 mm
• Date of publishing: 17. February 1995

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