Relating Product Prices to Long‐Run Marginal Cost: Evidence from Solar Photovoltaic Modules
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چکیده
منابع مشابه
Relating Product Prices to Long-Run Marginal Cost: Evidence from Solar Photovoltaic Modules
A basic tenet of microeconomics is that for a competitive industry in equilibrium the market price of a product will be equal to its marginal cost. This paper develops a model framework and a corresponding empirical inference procedure for estimating longrun marginal cost in industries where production costs decline over time. In the context of the solar photovoltaic (PV) module industry, we re...
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ژورنال
عنوان ژورنال: Contemporary Accounting Research
سال: 2017
ISSN: 0823-9150,1911-3846
DOI: 10.1111/1911-3846.12319