Optimal Capital Utilisation and Shiftworking
构建了一个基于嵌套CES技术的通用生产模型，推导出最优资本利用的隐函数，并指出此前相关研究是该模型的特例。
The factor demand literature has only recently recognised that employee work patterns (hours of work and shiftworking) and their associated premia payments are closely related to capital utilisation. To date, the work in this area has been extremely restrictive, both in its treatment of shiftworking and in the assumed technology of production. A general model of production, based on a nested CES technology, is presented in this paper and an implicit function for optimal capital utilisation is obtained. It is shown that previously published results in this area are special cases of the more general model reported here.