| УДК |
Кл.слова (ненормированные):
pulp and paper industry -- factor demand -- cost function -- time series -- cointegration
Аннотация: The study examines the factor demands of the Finnish pulp and paper industry. In the theoretical part of the study, factor demand equations are derived using neoclassical production theory. In emperical part, econometric factor demand model is estimated using annual time-series data for the period 1960-1986. The relationships of factor demands and their prices are examined in terms of own price, cross price and substitution elasticities.
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