create a website

A Rehabilitation of Economic Replacement Theory. (2003). Bitros, George ; Flytzanis, Elias .
In: Macroeconomics.
RePEc:wpa:wuwpma:0303009.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 43

References cited by this document

Cocites: 36

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. 1. Abel, A. B., and Eberly, J. C., (1996), Optimal investment with costly reversibility, Review of Economic Studies, Vol. 63, pp. 581-593.

  2. 10. Cooper, R., Haltiwanger, J., and Power, L., (1999), Machine Replacement and the Business Cycle: Lumps and Bumps American Economic Review, Vol. 89, pp. 921-946.

  3. 11. Dean, B. V., (1962), Replacement Theory, in R. L. Ackoff (ed.), Progress in Op- erations Research (New York: Wiley and Sons), pp. 330-362.
    Paper not yet in RePEc: Add citation now
  4. 12. Dunne, T., (1994), Plant age and technology use in U. S manufacturing indus- tries, Rand Journal of Economics, Vol. 25, 488-499.
    Paper not yet in RePEc: Add citation now
  5. 13. Eilon, S., King, J. R., and D. E. Hutchinson, (1966), A Study in Equipment Re- placement, Operations Research Quarterly, Vol. 17, 1966, p.p. 59-71.
    Paper not yet in RePEc: Add citation now
  6. 14. Elton, E. L., and Gruber, M. J., (1976) On the optimality of an equal life policy for equipment subject to technological improvement, Operational Research Quarterly, Vol. 27, pp. 93-99. 29
    Paper not yet in RePEc: Add citation now
  7. 15. Feldstein, M. S., and Foot, D. K., (1971), The Other Hall of Gross Investment: Re- placement and Modernization Expenditures, The Review of Economics and Statistics, Vol. LIII, pp. 49-58.

  8. 17. Hotelling, H., (1925), A General Mathematical Theory of Depreciation, Journal of the American Statistical Association, Vol. 20, pp. 340-353.
    Paper not yet in RePEc: Add citation now
  9. 18. Jin, D. and Kite-Powell, H., (1999) Optimal fleet utilization and replacement, Transportation Research Part E, Vol. 36, pp. 3-20.
    Paper not yet in RePEc: Add citation now
  10. 19. Jorgenson, D. W., (1963), Capital Theory and Investment Behavior, American Economic Review, Vol. 53, pp. 247-259.
    Paper not yet in RePEc: Add citation now
  11. 2. Arnott, R., Davidson, R. and Pines, D., (1983),Housing, Quality, Maintenance and Rehabilitation, Review of Economic Studies, Vol. 50, pp. 467-494.

  12. 20. ----------, (1974), The economic theory of replacement and depreciation, in W. Sellekaerts, (ed.) Essays in Honour of Jan Tinbergen, Economic Theory and Miscellaneous (Amsterdam: North Holland Publishing Company).
    Paper not yet in RePEc: Add citation now
  13. 21. ------, McCall, J. J., and Radner, R., (1967), Optimal Replacement Policy (Am- sterdam: North-Holland Publishing Company).
    Paper not yet in RePEc: Add citation now
  14. 22. Kamien, M. I., and Schwartz, N. L., (1971), Optimal Maintenance and Sale Age for a Machine Subject to Failure, Management Science, Vol. 17, pp. B495-504.

  15. 23. Kydland, F., and Prescott, E., (1982), Time to build and Aggregate Fluctuations, Econometrica, Vol. 50, pp. 1345-70.

  16. 24. Leonard, D., and Van Long, N., (1992), Optimal Control Theory (London: Cam- bridge University Press.
    Paper not yet in RePEc: Add citation now
  17. 25. Malcomson, J. M., (1975), Replacement and the Rental Value of Capital Equipment Subject to obsolescence, Journal of Economic Theory, Vol. 10, pp. 24-41.

  18. 26. Masse, P., (1962), Optimal Investment Decisions (Englewood Cliffs, N. J.: Pren- tice-Hall International).
    Paper not yet in RePEc: Add citation now
  19. 27. Mauer, C. D., and Ott, S. H., (1995), Investment under Uncertainty: The Case of Replacement Investment decisions Journal of Financial and Quantitative Analysis, Vol. 30, pp. 581-605.

  20. 28. Naslund, B., (1966), Simultaneous Determination of Optimal Repair Policy and Service Life, Swedish Journal of Economics, Vol. 68, pp. 63-73.
    Paper not yet in RePEc: Add citation now
  21. 29. Nickell, S., (1975), A Closer Look at Replacement Investment, Journal of Eco- nomic Theory, Vol. 10, pp. 54-88. 30

  22. 3. Bitros, G. C., (1972), Replacement of the Durable Inputs of Production: A Theoreti- cal and Empirical Investigation, Unpublished Ph.D. dissertation, Graduate School of Arts & Sciences, New York University.
    Paper not yet in RePEc: Add citation now
  23. 30. OHerlihy, C. St. J., (1965), The Demand for Cars in Great Britain, Applied Statis- tics, Vol. 15, pp.162-195.

  24. 31. Preinreich, G. A. D., (1940), The Economic Life of Industrial Equipment, Econometrica, Vol. 8, pp. 12-44.
    Paper not yet in RePEc: Add citation now
  25. 32. Rust, J., (1987), Optimal Replacement of GMC Bus Engines: An Empirical Model Of Harold Zurcher, Econometrica, Vol., 55, pp.999-1033.

  26. 33. ------, (1983), Stationary Equilibrium in a Market for Durable Assets, Econometrica, pp. 783-805.
    Paper not yet in RePEc: Add citation now
  27. 34. Rothwell, G., and Rust, J., (1997), On the Optimal Lifetime of Nuclear Power Plants, Journal of Business & Economic Statistics, Vol. 15, pp. 195-208.

  28. 35. Sandfort, M. T., (1999), Transaction Costs and Stationary Equilibrium in the Mar- kets for New and Used Durable Goods, World Wide Web, Address: Http: //msandfort.economics.smu.edu/papers/txcost.pdf.
    Paper not yet in RePEc: Add citation now
  29. 36. Seierstad, A., and Sydsaeter, K., (1987), Optimal Control Theory (Amsterdam: North-Holland Publishing Company)
    Paper not yet in RePEc: Add citation now
  30. 37. Smith, V. L., (1961), Investment and Production: A Study in the Theory of the Capital-Using Enterprise (Cambridge, Mass: Harvard University Press).
    Paper not yet in RePEc: Add citation now
  31. 38. Smith, R. P., (1974), A Note on Car Replacement, Review of Economic Studies, Vol. 4, pp. 567-570.

  32. 39. Taylor, J. S., (1923), A Statistical Theory of Depreciation, Journal of the American Statistical Association, Vol. 18, pp. 1010-1023.
    Paper not yet in RePEc: Add citation now
  33. 40. Terborgh, G., (1949), Dynamic Equipment Policy (New York: McGraw-Hill, 1949).
    Paper not yet in RePEc: Add citation now
  34. 41. Thompson, G. L., (1968), Optimal Maintenance Policy and Sale date of a Machine, Management Science, Vol. 14, pp. 543-550.

  35. 42. Van Halten, O, (1991), The Optimal Lifetime of Capital Equipment, Journal of Eco- nomic Theory, Vol. 55, pp. 449-454.

  36. 43. Westin, R. B., (1975), Empirical Implications of Infrequent Purchase Behavior in a Stock-adjustment Model, American Economic Review, Vol. 65, pp. 384-396.

  37. 44. Wykoff, F., (1970), Capital Depreciation in the Post-war Period: Automobiles, The Review of Economics and Statistics, Vol. 52, pp. 168-172.

  38. 45. --------, (1973), A User Cost Approach to New Automobile Purchases, Review of Economic Studies, Vol. 40, (July 1973), p.p. 377-390.

  39. 5. ------ and Kelejian, H. H., (1974), On the Variability of the Replacement Invest- ment Capital Stock Ratio: Some Evidence from Capital Scrappage, The Review of Economics and Statistics, Vol. LVI, pp. 270-278.
    Paper not yet in RePEc: Add citation now
  40. 6. Bond, E. W., (1983), Trade in Used Equipment with Heterogeneous Firms, Jour- nal of Political Economy, Vol. 91, pp.688-705.

  41. 7. Caballero, R. J., Engel, E. M. R. A., and Haltiwanger J. C., (1995), Plant level ad- justment and aggregate investment dynamics, Brookings Papers on Eco- nomic Activity, Vol. 2, pp. 1-54.

  42. 8. Cooley, T. F., Greenwood, J., and Yorukoglu, M., (1997), The replacement prob- lem, Journal of Monetary Economics, Vol. 40, pp. 487-499.

  43. 9. Cooper, R., and Haltiwanger, J., (1993), The Aggregate Implications of Machine Replacement: Theory and Evidence, American Economic Review, Vol. 83, pp. 360-382.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Financial leverage, corporate investment, and stock returns. (2009). Ozdagli, Ali.
    In: Working Papers.
    RePEc:fip:fedbwp:09-13.

    Full description at Econpapers || Download paper

  2. The Effect of Corruption on Investment Growth: Evidence from Firms in Latin America, Sub-Saharan Africa and Transition Countries.. (2008). Asiedu, Elizabeth ; Freeman, James.
    In: WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS.
    RePEc:kan:wpaper:200802.

    Full description at Econpapers || Download paper

  3. Non-linear adjustment of import prices in the European Union. (2008). Campa, Jose ; Sebastia, Maria ; Gonzalez, Jose M..
    In: IESE Research Papers.
    RePEc:ebg:iesewp:d-0734.

    Full description at Econpapers || Download paper

  4. Investment and firm dynamics. (2007). D'Erasmo, Pablo.
    In: MPRA Paper.
    RePEc:pra:mprapa:3598.

    Full description at Econpapers || Download paper

  5. The Impact of Uncertainty Shocks. (2007). bloom, nicholas.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:13385.

    Full description at Econpapers || Download paper

  6. Uncertainty and the Dynamics of R&D. (2007). bloom, nicholas.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12841.

    Full description at Econpapers || Download paper

  7. Des contraintes aux contributions des investissements en R&D aux Etats-Unis. (2007). Paolucci, Franck.
    In: Documents de Travail de l'OFCE.
    RePEc:fce:doctra:0716.

    Full description at Econpapers || Download paper

  8. An Irreversible Investment Model with a Stochastic Production Capacity and Fixed Plus Proportional Adjustment Costs. (2007). Xepapadeas, Anastasios ; Kamarianakis, Yiannis.
    In: Working Papers.
    RePEc:crt:wpaper:0708.

    Full description at Econpapers || Download paper

  9. Irreversible Investment, Incremental Capital Accumulation, and Price Uncertainty. (2006). Alvarez, Luis ; Luis H. R. Alvarez E., .
    In: Discussion Papers.
    RePEc:tkk:dpaper:dp4.

    Full description at Econpapers || Download paper

  10. Foreign direct investment as an entry mode. An application in emerging economies. (2006). Sels, A. T. H., .
    In: Other publications TiSEM.
    RePEc:tiu:tiutis:583ca9b5-1691-425d-8f77-044fad249e74.

    Full description at Econpapers || Download paper

  11. Uncertainty and Investment Dynamics. (2006). van Reenen, John ; bloom, nicholas ; Bond, Stephen.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12383.

    Full description at Econpapers || Download paper

  12. Uncertainty and Investment Dynamics. (2006). van Reenen, John ; bloom, nicholas ; Bond, Stephen.
    In: CEP Discussion Papers.
    RePEc:cep:cepdps:dp0739.

    Full description at Econpapers || Download paper

  13. The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation. (2006). bloom, nicholas.
    In: CEP Discussion Papers.
    RePEc:cep:cepdps:dp0718.

    Full description at Econpapers || Download paper

  14. Equilibrium Investment and Asset Prices under Imperfect Corporate Control. (2005). KRISHNAMURTHY, ARVIND ; Gorton, Gary ; Dow, James.
    In: American Economic Review.
    RePEc:aea:aecrev:v:95:y:2005:i:3:p:659-681.

    Full description at Econpapers || Download paper

  15. Irreversible investment under interest rate variability: new results. (2004). Alvarez, Luis ; Luis H. R. Alvarez, ; Koskela, Erkki.
    In: Others.
    RePEc:wpa:wuwpot:0404007.

    Full description at Econpapers || Download paper

  16. A Rehabilitation of Economic Replacement Theory. (2003). Bitros, George ; Flytzanis, Elias .
    In: Macroeconomics.
    RePEc:wpa:wuwpma:0303009.

    Full description at Econpapers || Download paper

  17. Uncertainty and the slowdown of capital accumulation in Europe. (2003). Schivardi, Fabiano ; Pagano, Patrizio ; Caselli, Paola.
    In: Applied Economics.
    RePEc:taf:applec:v:35:y:2003:i:1:p:79-89.

    Full description at Econpapers || Download paper

  18. Irreversible Investment under Interest Rate Variability: Some Generalizations. (2003). Alvarez, Luis ; Luis H. R. Alvarez, ; Koskela, Erkki.
    In: Discussion Papers.
    RePEc:rif:dpaper:841.

    Full description at Econpapers || Download paper

  19. The New Investment Theory and Aggregate Dynamics. (2003). Danziger, Leif.
    In: Review of Economic Dynamics.
    RePEc:red:issued:v:6:y:2003:i:4:p:907-940.

    Full description at Econpapers || Download paper

  20. Is lumpy investment relevant for the business cycle?. (2002). Thomas, Julia.
    In: Staff Report.
    RePEc:fip:fedmsr:302.

    Full description at Econpapers || Download paper

  21. Optimal partially reversible investment. (2002). Hartman, Richard ; Hendrickson, Michael.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:26:y:2002:i:3:p:483-508.

    Full description at Econpapers || Download paper

  22. Irreversible Investment under Interest Rate Variability: New Results. (2002). Alvarez, Luis ; Koskela, Erkki ; Alvarez, Luis H. R., .
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_640.

    Full description at Econpapers || Download paper

  23. Plant-Level Irreversible Investment and Equilibrium Business Cycles. (2002). Veracierto, Marcelo.
    In: American Economic Review.
    RePEc:aea:aecrev:v:92:y:2002:i:1:p:181-197.

    Full description at Econpapers || Download paper

  24. Estimation of a dynamic discrete choice model of irreversible investment. (2001). Sánchez-Mangas, Rocío ; Sanchez-Mangas, Rocio.
    In: DES - Working Papers. Statistics and Econometrics. WS.
    RePEc:cte:wsrepe:ws015628.

    Full description at Econpapers || Download paper

  25. On the Nature of Capital Adjustment Costs. (2000). Haltiwanger, John ; Cooper, Russell.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:7925.

    Full description at Econpapers || Download paper

  26. Structural Models Involving Highly Dimensional Fixed Point Problems: An Asymptotically Efficient Two-Stage Estimator. (2000). Mira, Pedro ; Aguirregabiria, Victor.
    In: Econometric Society World Congress 2000 Contributed Papers.
    RePEc:ecm:wc2000:1702.

    Full description at Econpapers || Download paper

  27. Discovering the Link Between Uncertainty and Investment - Microeconometric Evidence from Germany. (2000). Siegfried, Nikolaus A ; Funke, Michael ; Boehm, Hjalmar.
    In: Econometric Society World Congress 2000 Contributed Papers.
    RePEc:ecm:wc2000:0112.

    Full description at Econpapers || Download paper

  28. Optimal Investment Strategies under Demand and Tax Policy Uncertainty. (2000). Funke, Michael ; Boehm, Hjalmar.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_311.

    Full description at Econpapers || Download paper

  29. Optimal Partially Reversible Investment. (1999). Hartman, Richard ; Hendrickson, Michael.
    In: Discussion Papers in Economics at the University of Washington.
    RePEc:fth:washer:0032.

    Full description at Econpapers || Download paper

  30. Uncertainty, instability, and irreversible investment : theory, evidence, and lessons for Africa. (1997). Servén, Luis.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:1722.

    Full description at Econpapers || Download paper

  31. INVESTMENT IRREVERSIBILITY IN GENERAL EQUILIBRIUM: Capital Accumulation, Interest Rates, and the Risk Premium.. (1997). Faig, Miquel.
    In: Working Papers.
    RePEc:tor:tecipa:faig-97-01.

    Full description at Econpapers || Download paper

  32. Plant level irreversible investment and equilibrium business cycles. (1997). Veracierto, Marcelo.
    In: Discussion Paper / Institute for Empirical Macroeconomics.
    RePEc:fip:fedmem:115.

    Full description at Econpapers || Download paper

  33. Are data on industry evolution and gross job turnover relevant for macroeconomics?. (1996). Ohanian, Lee ; Khan, Aubhik ; Atkenson, Andrew.
    In: Carnegie-Rochester Conference Series on Public Policy.
    RePEc:eee:crcspp:v:44:y:1996:i::p:215-239.

    Full description at Econpapers || Download paper

  34. The Effects of Irreversibility and Uncertainty on Capital Accumulation. (1995). Eberly, Janice ; Abel, Andrew.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5363.

    Full description at Econpapers || Download paper

  35. Options, the Value of Capital, and Investment. (1995). Pindyck, Robert ; Eberly, Janice ; Dixit, Avinash ; Abel, Andrew.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5227.

    Full description at Econpapers || Download paper

  36. Options, the value of capital, and investment. (1995). Abel, Andrew.
    In: Working papers.
    RePEc:mit:sloanp:2592.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-20 20:21:08 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.