Non-convex cost and the behaviour of inventories: Some disaggregate results

被引:2
作者
Bairam, EI
机构
[1] Department of Economics, University of Otago, Box 56, Dunedin
来源
APPLIED ECONOMICS LETTERS | 1996年 / 3卷 / 11期
关键词
D O I
10.1080/135048596355664
中图分类号
F [经济];
学科分类号
02 ;
摘要
The disaggregate results reported here show that the marginal costs are increasing over time and, therefore, the main foundation of the law of supply is still valid. This implies that some other explanation has to be found to explain why firms bunch rather than smooth production.
引用
收藏
页码:687 / 691
页数:5
相关论文
共 2 条
[1]   NONCONVEX COSTS AND THE BEHAVIOR OF INVENTORIES [J].
RAMEY, VA .
JOURNAL OF POLITICAL ECONOMY, 1991, 99 (02) :306-334
[2]  
*STAND POORS, 1993, COMP