A theory of factor allocation and plant size
By: Thomas J. Holmes and Matthew F. Mitchell.
Contributors: Mitchell, Matthew F., 1972-
Series: Federal Reserve Bank of Minneapolis, Research Department staff report ;; 325; Staff report (Federal Reserve Bank of Minneapolis. Research Dept. : Online) ;; 325.
Publisher: Federal Reserve Bank of Minneapolis
Published: 2003
Place of publication: [Minneapolis, Minn.]
Language: eng
Format: Electronic resource
Subjects: Factors of production.; Resource allocation.; Factories.; Industries -- Size.
Description: "In this paper we develop a theory of how factors interact at the plant level.  The theory has implications for (1) the micro foundations for capital-skill complementarity, (2) the relationship between factor allocation and plant size, and (3) the effects of trade and growth on the skill premium.  The theory is consistent with certain facts about factor allocation and factor price changes in the 19th and 20th centuries"--Federal Reserve Bank of Minneapolis web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 11/16/2004.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.