The Special Case: 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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Constant Returns to Scale: Can the Neoclassical Economy Exist?
... assumed constant returns to scale in production: also, capital, labor and land always entered his production function with fixed ...non-increasing returns to ...
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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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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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On the existence and computation of an equilibrium in an economy with constant returns to scale production
... Along the path followed by the process prices and activity levels are adjusted according to the sign vector of the net excess demand and keeping the levels of tlre activities equal to ze[r] ...
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Compositional and dynamic Laffer effects in models with constant returns to scale
... I develop a tractable framework introducing human capital and a labor/leisure choice in the AK-model to make three main points. First, I further de…ne "Laf- fer e¤ects" in the constant returns models by ...
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Combining the assumptions of variable and constant returns to scale in the efficiency evaluation of secondary schools
... the case of HRS technologies is straightforward in principle, there is a particular difficulty that needs to be ...of scale efficiency change and boundary ...
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Modal Tonicization in Rock: The Special Case of the Lydian Scale
... Lydian scale—specifically, a modal theory based on relative scale ...parallel scale relationships, which generally transfer scale-degree function between parallel scales, a ...
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APPENDIX A RETURNS TO SCALE
... Definition: The production technology exhibits Non Increasing Returns to Scale (NIRS), Constant Returns to Scale (CRS) or Non Decreasing Returns to Scale (NDRS) if[r] ...
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The Home Market Effect under Constant Returns and Monopolistic Competition
... increasing returns to scale ...increasing returns to scale on home market ef- fects by employing a constant returns monopolistic competition ...the constant returns ...
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Capital Tax Competition and Returns to Scale
... Abstract. There is a gap between the predictions of capital tax competition models and the reality they purport to describe. In a standard capital-tax model, with head taxes, capital-importing regions tax capital and ...
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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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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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A note on concavity, homogeneity and non increasing returns to scale
... or constant returns on the one hand, and concavity on the other” and provides a theorem for when a homogeneous production function satisfying some standard economic assumptions is ...
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A Note on Strategic Delegation: The Role of Decreasing Returns to Scale
... In this note, we borrow VJFS framework to analyze the role of diseconomies of scale when entreprenuers are pro…t-maximizers. The convexity of the cost function can be motivated as an approach to the existence of ...
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Constant and variable returns to scale DEA models for socially responsible investment funds
... To verify if the differences in the performance scores are statistically signif- icant or not, we have carried out some statistical tests specifically designed to compare DEA efficiency scores between two groups of decision ...
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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 ...
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Markups, returns to scale, and productivity : a case study of Singapore's manufacturing sector
... Controlling for input endogeneity and survival probability of firms in the industries, the estimated markup of an average industry in the sector is around 1.4, while production[r] ...
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Constraints on the Cosmological Constant due to Scale Invariance
... Hence the renormalization of λ is intrisically tied to the renormalization of the gravitational field. In the absence of a consistent theory of quantum gravity we may simply ignore higher order corrections in 1/β. In ...
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Returns to scale in convex production technologies
... The above development rigorously shows that closed convex technologies and, in partic- ular, all polyhedral technologies are theoretically similar to the conventional VRS model. This result has an important practical ...
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