scispace - formally typeset
Search or ask a question
Topic

Factor price

About: Factor price is a research topic. Over the lifetime, 2764 publications have been published within this topic receiving 86176 citations.


Papers
More filters
Journal ArticleDOI
TL;DR: In this article, the authors used the petrochemical industry as a natural experiment to test transaction cost theory and found that input price uncertainty in the 1970s positively affected the extent of vertical integration by firms into input stages.

63 citations

Book
01 Jan 1998

63 citations

Journal ArticleDOI
TL;DR: In this article, the authors show how wages and employment respond to differentials in what they call real market potential, a discounted sum of demands derived from the home market effect theory.

63 citations

Book
01 Jan 1999
TL;DR: In this article, the authors describe the task that an economic regulator should undertake when revising the price control for a regulated company, while ensuring that the company remains viable and has an incentive to operate efficiently.
Abstract: This manual describes the task that an economic regulator should undertake when revising the price control for a regulated company. The aim of regulation is to protect consumers, while ensuring that the company remains viable and has an incentive to operate efficiently. After an introduction in section 1, section 2 discusses the basic principle of price control regulation. Most systems of regulation include an appeal mechanism to protect the company against an excessively zealous regulator, which means that the regulator will have to make his proposals in time to allow an appeal, should the company wish to make one. Section 3 discusses the procedures the regulator should follow. Section 4 discusses the form of price control the regulator must select to implement. Section 5 offers examples of revenue requirements. The regulator should ask the company for information on its present and projected operating costs, its assets, its investment plans, and its demand forecasts. These are discussed in sections 6-8. The rate of return is critical in determining the amount of revenue needed, and ways to determine an appropriate rate of return are discussed in section 9.

63 citations

Journal ArticleDOI
TL;DR: In this article, the authors developed an approach to measure the factor content of trade when intermediate inputs are traded, and techniques differ for reasons such as factor price differences, which can help reconcile generalequilibrium trade models with actual patterns of trade.

63 citations


Network Information
Related Topics (5)
Wage
47.9K papers, 1.2M citations
88% related
Monetary policy
57.8K papers, 1.2M citations
87% related
Productivity
86.9K papers, 1.8M citations
87% related
Interest rate
47K papers, 1M citations
86% related
Unemployment
60.4K papers, 1.3M citations
86% related
Performance
Metrics
No. of papers in the topic in previous years
YearPapers
20236
20227
202115
202017
201919
201816