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External effects and cost of production
Abstract/Sommario:
Recent studies (Romer, 1986; Lucas, 1988) have stressed the importance of factors external to the firm in the production process. Such externalities are assumed to have a direct effect on the level of production or to enhance the productivity of traditional inputs. Broadly speaking, we can identify two types of externalities. First, inputs that are not explicitly taken into account in the firm’s decision-making process although they contribute to the production process (for instance, t ...; [leggi tutto]
| Campo | Valore |
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| Descrizione | External effects and cost of production / Rosina Moreno ... [et al.]. - P. 297-317 |
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| ID scheda | 56799 |
| Permalink | https://sbnlo2.infoteca.it/?ids=56799 |