Internal adjustment costs in capital-intensive and labor-intensive industries

Avik Chakrabarti ()

Economics Letters, 2009, vol. 102, issue 2, pages 76-77

Abstract: In this paper I present evidence indicating systematic differences in costs of adjustment associated with the introduction of new capital across groups of firms that differ in the factor-intensity of their products.

Keywords: Adjustment; cost; Trade; Investment; Factor; intensity; Panel (search for similar items in EconPapers)
Date: 2009

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Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolet:v:102:y:2009:i:2:p:76-77

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