Maintenance and Repair: Too Big to Ignore
نویسندگان
چکیده
منابع مشابه
Maintenance and Repair: Too Big to Ignore
Most models of aggregate economic activity, like the standard neoclassical growth model, ignore the fact that equipment and structures are maintained and repaired. Once physical capital is purchased in these models, there are typically no more decisions made regarding its use. The theme of this article is that there is evidence to suggest that incorporating expenditures on the maintenance and r...
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ژورنال
عنوان ژورنال: Quarterly Review
سال: 1999
ISSN: 0271-5287
DOI: 10.21034/qr.2341