Díaz-Hernández, Juan José; Martínez-Budría, Eduardo; … - In: Revista de Métodos Cuantitativos para la Economía y … 29 (2020), pp. 190-207
In this paper, a theoretical relationship is obtained to measure the effect that inefficiency has on marginal costs, degree of economies of scale and technical change. It is shown that when the relationship between inefficiency and output level is ignored, the estimation of marginal costs and...
