Showing papers on "Product type published in 1981"
TL;DR: In this paper, the authors seek empirical estimates of the extent of departure from marginal-cost pricing and of the effects of foreign competition in the American automobile oligopoly, and the model estimated has product differentiation, multiproduct firms, and heterogeneity in consumer tastes.
291 citations
01 Jun 1981
TL;DR: In this paper, a linear programming economic development model can help regional planners influence the most desirable type of growth for rural areas, and the results are specific for a region in northwest Arkansas, the general conclusions should be valid for other areas as well.
Abstract: A linear programming economic development model can help regional planners influence the most desirable type of growth for rural areas. Optimal resource use, investment, and industry mix for manufacturing, services. government. and agriculture are reviewed for nine regional macroeconomic goals, with the tradeoffs evaluated for attaining one objective over another. Multiple regression analysis allows the most desirable industries to be identified by economic characteristics such as capital output and value added/labor rather than product type. Although the results are specific for a region in northwest Arkansas, the general conclusions should be valid for other areas as well.
1 citations