Using U.S. firm-level data from 1971 to 2000, this paper quantifies the importance of production input reallocation in explaining the information technology (IT) driven productivity growth.
We formulate a mixed integer programming (MIP) model with specific downsizing features, which maximizes the utilization of investment resources through a combined operation of demand selection and production assets reallocation.
High speed rail (HSR) services shorten space-time distances between cities and induce the reallocation of production resources between regions (cities).
A defeat at Midway would have forced a reallocation of industrial production and warships.
Initiated on 22 January 1991, it was intended to withdraw money from circulation for reallocation to the production of consumer goods, which were in short supply.
If a perennial biomass crop like Miscanthus could be bred to produce maize-like grain, how much reallocation of existing production from stems to seeds might be necessary?
The changes in global production patterns and the substantial reallocations toward low-wage countries in our sample, namely China and India, are noteworthy.
Increasing trade with new partners has resulted in a reallocation of factors of production and consequent transitional costs, such as failing businesses and higher unemployment.
However, it is likely that world price surges at the world market can be channeled to the household level welfare changes through reallocation of the sectoral production and value-added and through the adjustment in the product and factor markets.
In the context of Switzerland's climate policy and thus concentrating on emissions that are an important part of firms' energy use, these firms may be exposed to the risk of carbon leakage the reallocation of energy-intensive production processes to countries with laxer environmental policies20.
