Constant returns to scale
Constant returns to scale and economic theories of value
... of constant returns to scale in production simply cannot be defined in ...of constant returns to scale on the economic structure investigated by ...can constant ...
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Characterizing and finding full dimensional efficient facets of PPS with constant returns to scale technology
... In DEA (Data Envelopment Analysis), the Full Dimensional Efficient Facets (FDEFs) of PPS (Pro- duction Possibility Set) play a significant role and have many useful applications. In this research, we, first, provide a ...
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Effect of uncontrollable factors on constant returns-to-scale production technologies
... on constant returns-to-scale production technologies in data envelopment ...of scale efficiency and achieves model by the incorporation of variant inputs and outputs in data envelopment ...
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Benchmarking and Data Envelopment Analysis: An Approach to Rank the Best Performing Engineering Colleges Functioning in Tamil Nadu
... on Constant Returns to Scale reveals that five Engineering Institutions (IIT MADRAS, NIT Trichy, PSG, SRI SIVA SUBRAMANIYA, and THANTHAI PERIYAR) stand first and the analysis based on Variable Return ...
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Predicting the Efficiency of Decision-Making Unit by Using Piecewise Polynomial Extrapolation in Different Times
... is constant returns to scale in different times, we reach the conclusion that the amounts of efficiency for given DMU is a number which is greater than zero and smaller or equal to one; but if one ...
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Analyzing the Operational Efficiency of Container Ports in Sub Saharan Africa
... experience constant returns to scale while the other ports ...variable returns to scale. Further, the analysis of the nature of returns to scale indicates that about ...
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Micro evidence on human capital as the engine of growth
... Thus, constant returns to scale are decisively rejected at low levels of education in favor of increasing returns, and constant returns to scale are decisively rejected at ...
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Lecturenotes_unit 7
... Constant returns to scale mean that the firm’s long-run average cost curve remains flat... 25 of 33[r] ...
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Testing the Fit of Cobb-Douglass Production Function Within Unrestricted Least Squares
... in the real sense of it. The neoclassical economists also attacked the model on the bases that the productivity theory is more of an abstraction than a quantifiable. Douglass while responding to the criticisms noted that ...
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Analysis of tariff and tax policies in Bangladesh : a computable general equilibrium approach
... Table 7.2 Results of Tariff Liberalisation under Imperfect Competition and Constant Returns to Scale Percentage changes Sectors Subsistence Agriculture Commercial Agriculture Forestry Fo[r] ...
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Inverse Ramsey Problem of the Resource Misallocation Effect on Aggregate Productivity
... This paper examines the extent to and the conditions under which re- source misallocation negatively affects aggregate productivity in a model of heterogeneous firms to the highest degree. I analytically derive the ...
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The returns to scale effect in labour productivity growth
... the constant returns to scale short-run production frontier, we call it the returns to scale ...the returns to scale ...the returns to scale effect can ...
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Is there a prison size dilemma?: an empirical analysis of output specific economies of scale
... optimal scale size of ...variable returns to scale and 1,31 under constant returns to ...the returns to scale and scale efficiency for the incarceration output, ...
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Advertising, innovation and economic growth (879 KB)
... are constant returns to scale in the R&D cost function, the spillover effect in advertising, which is set to target the decreasing advertising intensity with size observed in the data, is also ...
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Technical efficiency in public hospitals in Kenya
... Results indicated that 50% of the hospitals were Constant Returns to Scale technically efficient with a mean efficiency score of 80.6% while 66.6% of the hospitals were Variable Returns [r] ...
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DETERMINANTS OF PERFORMANCE EFFICIENCY IN NIGERIAN BANKING INDUSTRY: A DEA APPROACH
... The study uses the DEA approach to investigate the determinants of performance efficiency of 19 selected banks in Nigeria for the year 2009. In order to have a robust empirical analysis, three DEA performance efficiency ...
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Innovation as a Competitive Differential Based on Investments in Research and Development by Global Innovation Index Countries: A Contributing to the Global Efficiency as to the Data Envelopment Analysis (DEA)
... This article sought to evaluate the efficiency of the countries presented in the GII regarding their performance in competitivity and technological innovation. To analyze the results, Data Envelopment Analysis (DEA) is ...
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A Comparative Study of Operational Efficiency of Pakistani and Malaysian Islamic Banks: Data Envelopment Analysis Approach
... (Constant returns to scale) output based, VRS (Variable returns to scale) output based and Malmquist DEA which are employed to measure the efficiency of Meezan Bank, Burj Bank, Dubai ...
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APPLICATION OF RESTRICTED LEAST SQUARES TO ECONOMETRIC DATA
... by constant returns to scale over the sampled period and concluded that using Restricted Least Squares obtained for the data set could not be ...
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Social efficiency of entry in a vertically related industry
... Entry creates two effects. First, as in Mankiw and Whinston (1986), it creates a “business-stealing effect” by lowering the outputs of the incumbent final goods producers. On the other hand, as observed by Ghosh and ...
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