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Title: Productivity and costs for firms in presence of technology renewal processes
Authors: Cerqueti, Roy
Rotundo, Giulia
Keywords: optimal profit model; technological renewal; aggregate productivity; firm growth rate; firm size
Issue Date: 2007
Publisher: International Transactions in Operational Research
Source: 7. R. Cerqueti, G. Rotundo, “Productivity and costs for firms in presence of technology renewal processes”, International Transactions in Operational Research (ISSN 1475-3995) 14 6 (2007) 521-534
Wide empirical analyses investigated the size and growth rate distribution of business firms, providing a
relevant empirical support to economic theory. We rely on such analyses and on studies on technology
renewal costs and productivity, in order to draw sufficient conditions for the optimality of firms’ profit with
respect to time. The relationships that hold among productivity, costs of renewal and growth rates of the
companies at the optimal profit time are shown, and suggestions for firms’ policies are proposed.
ISSN: 1475-3995
Appears in Collections:DEIM - Archivio della produzione scientifica

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