Data/hora: 03/06/2024 03:21:53

Biblioteca(s): | Embrapa Pantanal.
Data corrente: | 26/07/1996
Data da última atualização: | 26/07/1996
Autoria: | LAUMAS, P. S.; WILLIAMS, M.
Afiliação: | Northern Illinois University, DeKalb, USA.
Título: | An analysis of the demand for cash balances by the manufacturing firms in a developing economy.
Ano de publicação: | 1983
Fonte/Imprenta: | Journal of Development Economics, v.12, p.169-182, 1983.
Idioma: | Inglês
Conteúdo: | Using cross-section data this paper presents the results of an evaluation of the role of cash balances as a factor input in India's manufacturing industries. By using a three-factor translong cost function for each of the major industries along with duality theory, it was possible to estimate the Allen partial elasticities of substitution and the own price elasticities of demand for each factor input. Three significant conclusions are drawn: (a) cash balances and labor are predominantly substitutes and cash balances and capital are by and large, complementar. Implications of this for choice of techniques is analyzed, (b) the interest elasticity of demand for Cash varies with industry from -0.0013 to -0.4756, (c) separatability tests indicate that omitting cash balances from the production function would involve a misspecification of the latter.
Palavras-Chave: | Analysis; Cash; Developinf economy; Dinheiro; Economia em desenvolvimento; Firma industrial; Manufacturing firms.
Thesagro: | Análise.
Categoria do assunto: | --
Registro original: | Embrapa Pantanal (CPAP)
Exemplares: | CPAP - (32807-1) - ADD - SP - -- - SP3168 -  - 3168 - DIS