THE (NORMAL) RATE OF CAPACITY UTILIZATION AT THE FIRM LEVEL

Michalis Nikiforos

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THE (NORMAL) RATE OF CAPACITY UTILIZATION AT THE FIRM LEVEL

机译：企业级别的容量利用率（正常）速率

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This paper examines the endogeneity (or lack thereof) of the rate of capacity utilization in the long run at the firm level. The cost minimizing firm has an incentive to increase the utilization of its capital if the rate of the returns to scale decreases as its production increases. The theory of production provides justification for this kind of behavior of economies of scale. In that way the desired rate of utilization becomes endogenous to variations in demand.

机译：本文从长期角度考察了企业水平上产能利用率的内生性（或缺乏内生性）。如果规模收益率随着产量的增加而降低，那么成本最小化的公司就有动机增加其资本的利用率。生产理论为这种规模经济行为提供了依据。这样，所需的利用率就成为需求变化的内生因素。

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《Metroeconomica》 |2013年第3期|513-538|共26页
作者
Michalis Nikiforos;
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Levy Economics Institute Bard College Annandale-on-Hudson New York 12504 USA;

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7. The (Normal) Rate of Capacity Utilization at the Firm Level [O] . Michalis Nikiforos 2013

机译：公司水平的（正常）能力利用率

THE (NORMAL) RATE OF CAPACITY UTILIZATION AT THE FIRM LEVEL

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