Capital investment in cotton production

Quality Inspectability Investment on Imperfect Production Processes under Limited Capital

 Imperfect production processes lead to imperfect products and decrease the profit of a business. Improvement in the production process by increasing the investment cost will decrease the defective percentage of items. This study develops an EPQ model with investments on imperfect production processes under limited capital. An algorithm is developed to derive the replenishment and investment p...

1 Investment in Vintage Capital

We study an economy in which firms use labor and various vintages of capital in a CES production function for the final good. We explicitly solve for the investment in capital of a given vintage as a function of its age, and for the resulting stocks of capital. We show that for reasonable parameter values, inverted-U-shaped dynamics of investment and S-shaped dynamics for capital arise in equil...

Capital investment in public hospitals.

Capital investment is a major concern for public hospitals. Relative to operating expenditures, it has been almost constant for 40 years, despite great changes in technology and patient throughputs. Research studies during the last decade suggest that over that time almost all investment has been on simply replacing existing assets. Per person, the total capital stock has actually declined. How...

Cotton Production in Malawi

Human Capital and Investment Policy

The literature relates human capital costs to firm leverage (Berk, Stanton, and Zechner (2010) and Chemmanur, Cheng, and Zhang (2013)) and mergers and acquisitions (Lee, Mauer, and Xu (2017)). In this paper, we study the relation between a firm’s human capital costs and investment policy. We first present a simple theoretical setting to illustrate the positive effects of risky investment on ave...