| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2568 |
| DP2568 Economic Geography and International Inequality | |
| Anthony Venables; Stephen Redding | |
| 发表日期 | 2000-09-26 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | This paper analyses the impact of variations of product demand on the amount of internal slack in multi-plant firms in a model in which facilities can produce output at a privately known cost up to a previously-determined capacity level. In such a model, the amount of slack in the firm is shown to be pro-cyclical. Indeed, as capacity constraints become tighter in booms, slack increases in booms, because the power of in-house competition is reduced, while the opposite is true in downturns. Also, in downturns the firm may use high-cost facili-ties even when low-cost plants are not running at capacity. |
| 主题 | Industrial Organization |
| 关键词 | Demand fluctuations Slack Capacity Competition |
| URL | https://cepr.org/publications/dp2568 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531639 |
| 推荐引用方式 GB/T 7714 | Anthony Venables,Stephen Redding. DP2568 Economic Geography and International Inequality. 2000. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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