We apply Leif Johansen's dynamic production function framework to the development of the Finnish brewery industry over a 30-year time span, 1955 to 1984, based on micro data (plants). The relationship ...

The short run in economics refers to a period when at least one factor of production remains fixed, limiting a business’s ability to fully adjust to changes in demand or costs. For example, a factory ...

In this paper we present results of joint estimates of factor demand functions in aggregate Swedish industry and in eight of its subsectors using the equilibrium equality between marginal ...

KENNESAW, GA—October 14, 2014—Heidelberg invited customers and prospects to review its comprehensive portfolio of short-run solutions at a series of three special events held this summer at its North ...