DTIC ADA228384: DoD Profit Policy and Capital pdf

DTIC ADA228384: DoD Profit Policy and Capital

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Description of the Book:

The purpose of this research was to conduct an economic analysis of a selected set of contractors in the military aircraft manufacturing industry. Specifically, two questions were addressed: (1) Are changes in the progress payment rate inversely related to changes in the firms’ capital/labor ratios? and (2) Has the DoD profit policy succeeded in promoting investment in capital facilities and equipment? These questions were tested statistically using time-series data. We found no evidence that the progress payment rate was inversely related to changes in the capital/labor ratio. As for the facilities capital markup, we found that the markup rate seems to promote investment in capital facilities and equipment

• Creator/s: Defense Technical Information Center
• Date: 3/1/1990
• Year: 1990
• Book Topics/Themes: DTIC Archive, Frazier, Thomas P, INSTITUTE FOR DEFENSE ANALYSES ALEXANDRIA VA, *AIRCRAFT INDUSTRY, *MILITARY AIRCRAFT, *ECONOMIC ANALYSIS, PROFITS, INVESTMENTS, DEPARTMENT OF DEFENSE

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