Increasing returns to scale
A note on concavity, homogeneity and non increasing returns to scale
... non-increasing returns to scale, is increasing and quasiconcave, then it is ...decreasing returns to scale and if either it is increasing or if 0 is in its domain, then it ...
9
Indivisible labor supply and involuntary unemployment: Increasing returns to scale case
... We show the existence of involuntary unemployment without assuming wage rigidity. Key points of our analysis are indivisibility of labor supply and increasing returns to scale. We derive involuntary ...
12
Kaldor Verdoorn’s law and increasing returns to scale: a comparison across developed countries
... of increasing returns to scale is a macro phenomenon, since most of the economies of scale are a consequence of the increasing differentiation, of the introduction of new goods, and of ...
29
The importance of increasing returns to scale in the process of agglomeration in Portugal: A non linear empirical analysis
... has increasing returns to scale in the manufactured industry and low transport costs, there is ...of increasing returns to scale and low transport cost, in the Portuguese ...
14
Financial and Product Market Integration under Increasing Returns to Scale
... With increasing returns in the manufacturing sector, it is assumed that firms producing the same manufactured good engage in Cournot ...capture increasing returns to scale in the ...
26
Traditional comparative advantage vs increasing returns to scale: NAFTA and the GATT
... One immediate impl icat ion is that, under tradi t ional condi t ions, regional trade blocs which increase the market power of the market part icipants wi l l natural ly lead to tari ff [r] ...
38
Determinants of FDI in transition countries and estimation of the potential level of Croatian FDI
... In a global economy, foreign direct investment (FDI) represents the main form of international business activities. More than the mere cross-border movement of capital, FDI includes transfer of technology and know-how, ...
32
Innovation and growth in the Grossman Helpman’s model with increasing returns: a note
... constant returns to ...with increasing returns, I intend to show what happen in this model if I assume strong increasing ...strong increasing returns to scale but leaving ...
13
Human Capital, the Labour Market and Productivity Growth in Ireland ESRI WP158 September 2004
... In this section we look at the underlying wage elasticities in the model. Because the model uses only long-run coefficients, thereby eschewing differences in the speed of adjustment in different segments of the labour ...
31
International trade and endogenous growth: the case of Czech economy
... of increasing returns to scale in the Czech economy production function that is constructed upon Solow growth accounting ...of increasing returns to scale was proved in all ...
6
The Keynesian and the convergence theories in the Portuguese manufactured industry
... Also in Table 1 presents the results of an estimation carried out with 9 manufacturing industries disaggregated and together (with 405 observations). By analyzing these data it appears that were obtained respectively for ...
7
Cost efficiency of cocoa farmers in Twifo Hemang Lower Denkyira Area in Central Region of Ghana
... This study empirically examined cost efficiency of cocoa production in Twifo Hemang Lower Denkyira area in Central region of Ghana. Primary data was collected from 400 cocoa farmers in twenty (20) communities using ...
18
Tariff Policy, Increasing Returns and Endogenous Fluctuations
... Before solving the model and doing the quantitative simulations, we brie‡y mention some other papers that are closely related to the contributions of ours. Some of those papers are Cazzavillan (1996), Guo and Lansing ...
31
The Keynesian theory and the geographic concentration in the Portuguese manufactured industry
... higher increasing returns to scale are the industry of transport equipment ...of scale (they are modernized industries) and the textile industry has the lowest economies of scale ...
6
The economic theory and the Portuguese manufactured industry
... higher increasing returns to scale are the industry of transport equipment ...of scale (they are modernized industries) and the textile industry has the lowest economies of scale ...
9
Gross_Verani_Trade_OnlineAppendix.pdf
... From the underlying first-order condition one can deduce that ν(1 − 1/σ) < 1 must hold, or otherwise there would not be a finite optimum. This means that if the production G(k, n) ex- hibits increasing ...
14
The Panzar Rosse Statistic Revisited
... exhibits increasing returns to scale, the Panzar-Rosse statistic in a monopolistic competitive market is still available and has a negative ...with increasing-returns-to-scale ...
5
The role of NAFTA and returns to scale in export duration
... incorporating increasing returns to scale or economies of scale – namely that tariff–free access to the ...of scale, and become more productive resulting in welfare gains for both ...
31
Performance of mixed oligopoly model in the context of Indian telecom industry
... The logic for state monopoly of public utilities arises from increasing returns to scale and the concern that private business in these areas results in monopolistic exploitation of consumers. The ...
7
Frontier Visualization for Nonconvex Models with Increasing and Decreasing Returns to Scale with the Use of Enumeration Methods
... methods. Soleimani-damaneh et al. [19] proposed enumeration algorithm for estimating RTS in FDH models. Leleu [13, 14] suggested a linear programming approach to the same problem. At the same time, the author noted that ...
11