The Cost Problem According to Standard Theory - A Critical Note
This paper examines and criticizes the standard theoretical basis for the argument that a cost-oriented government policy is necessary if a country with a high-cost problem is to improve its competitive powers. According to theory, a firm can only deal with a long-term high-cost problem by increasin...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Norwegian Society of Automatic Control
1982-01-01
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Series: | Modeling, Identification and Control |
Subjects: | |
Online Access: | http://www.mic-journal.no/PDF/1982/MIC-1982-1-5.pdf |