Capacity utilization and market power [PDF]
In a monopolistic competition framework, we propose a dynamic model in which capacity underutilization is a macroeconomic equilibrium feature relying on a diversity of microeconomic situations. Capacity underutilization follows from microeconomic uncertainty at the time firms must decide on their productive capacity.
Fagnart, J.F. +2 more
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A study of the impact of de-capacity policies on industry capacity utilization paths: Evidence from the Chinese steel industry. [PDF]
The issue of overcapacity has become an unavoidable challenge in the rapid development of nations, constraining economic progress, particularly within industries like steel, coal, and cement. This study, using the example of the Chinese steel industry in
Shixin Shi +3 more
doaj +2 more sources
The effect of time-varying capacity utilization on 14-day in-hospital mortality: a retrospective longitudinal study in Swiss general hospitals [PDF]
Background High bed-occupancy (capacity utilization) rates are commonly thought to increase in-hospital mortality; however, little evidence supports a causal relationship between the two.
Narayan Sharma +5 more
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Corporate internal control, capacity utilization and total factor productivity. [PDF]
Based on Internal Control (IC) theory and Principal-agent theory, this study explores the impacts of IC on capacity utilization and total factor productivity, and the internal mechanism among them. The results show that effective IC improves total factor
Xiao Li
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The impact of excess capacity on the investment falloff [PDF]
I documented a widespread decline in the rate of capacity utilization in the US manufacturing industry during the last decades, which parallels a worsening trend of gross capital formation. I conducted several exploratory exercises to investigate whether
Pérez Artica Rodrigo
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Occupancy of the highly categorized accommodation related to the changed conditions of demand: The example of the municipality of Vrnjačka Banja [PDF]
The municipality of Vrnjacka Banja, which has an excellent tourist base, a good offer of accommodation facilities and a huge tradition, is certainly one of the "tourist" leaders, which is why the success of its business can be viewed through the prism of
Mladenović Dejan, Popović Ivana
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Full employment as a possible objective for EU policy II: Review of some empirical aspects [PDF]
A contribution appeared in the previous issue of Panoeconomicus reviewed the theoretical arguments brought by Alain Parguez and Jean Gabriel Bliek in support of their idea of assigning a full employment objective to European economic policies and their ...
Cingolani Massimo
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Full employment as a possible objective for EU policy, I: A perspective from the point of view of the monetary circuit [PDF]
In two recent contributions Alain Parguez and Jean-Gabriel Bliek argued in favor of assigning a full employment objective to European economic policies and their coordination (Bliek and Parguez (2007) and Parguez (2007b)).
Cingolani Massimo
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This article reviews how the Federal Reserve measures capacity utilization and explains why capacity utilization has been, and likely will remain, a useful indicator of inflationary pressures and business cycle fluctuations. The authors also explain why economic developments, such as the pace of technological change, increased international trade, and
Carol Corrado, Joe Mattey
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TECHNOLOGY, CAPITAL SPENDING, AND CAPACITY UTILIZATION [PDF]
Capacity utilization is a closely watched macroeconomic indicator because rising utilization may signal rising inflationary pressures. However, recent technological changes have increased the flexibility of relationships between inputs and outputs, potentially eroding the predictive value of the utilization rate.
Cynthia Bansak +2 more
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