Capital Utilization and Returns to Scale

Craig Burnside, Martin Eichenbaum and Sergio Rebelo ()

RCER Working Papers from University of Rochester - Center for Economic Research (RCER)

Abstract: This paper studies the implications of procyclical capital utilization rates for inference regarding cyclical movements in labor productivity and the degree of returns to scale. We organize our investigation around five questions that we study using a measure of capital services based on electricity consumption.

Keywords: BUSINESS; CYCLES (search for similar items in EconPapers)
JEL-codes: E32 (search for similar items in EconPapers)
Pages: 40 pages
Date: 1995
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Citations: View citations in EconPapers (278)

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Related works:
Chapter: Capital Utilization and Returns to Scale (1995)
Working Paper: Capital Utilization and Returns to Scale (1995)
Working Paper: Capital utilization and returns to scale (1995)
Working Paper: Capital Utilization and Returns to Scale (1995)
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Persistent link: https://EconPapers.repec.org/RePEc:roc:rocher:402

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