On the estimation of returns to scale using variable cost functions

On the estimation of returns to scale using variable cost functions

This paper compares two methods of estimating returns to scale based on variable cost functions. It shows specifically how the methods differ, and indicates why it is important to select an appropriate method when drawing inferences about policy.

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Veröffentlicht in:Economics letters 1983, Vol.11 (1), p.25-31
Hauptverfasser: Braeutigam, Ronald R., Daughety, Andrew F.
Format: Artikel
Sprache:eng
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Zusammenfassung:This paper compares two methods of estimating returns to scale based on variable cost functions. It shows specifically how the methods differ, and indicates why it is important to select an appropriate method when drawing inferences about policy.
ISSN:0165-1765
1873-7374
DOI:10.1016/0165-1765(83)90157-X