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To date, empirical investigations of trade liberalization under the conditions of increasing returns to scale (IRS) and …. However, of the recent IRS/IC models used to simulate the effects of trade liberalization none have empirically tested for the …
Persistent link: https://www.econbiz.de/10013124474
To date, empirical investigations of trade liberalization under the conditions of increasing returns to scale (IRS) and …. However, of the recent IRS/IC models used to simulate the effects of trade liberalization none have empirically tested for the … interactions are different. Here most of the sectors show signs of increasing returns to scale. -- economies of scale ; trade …
Persistent link: https://www.econbiz.de/10009307409
To date, empirical investigations of trade liberalization under the conditions of increasing returns to scale (IRS) and …. However, of the recent IRS/IC models used to simulate the effects of trade liberalization none have empirically tested for the …
Persistent link: https://www.econbiz.de/10010278708
To date, empirical investigations of trade liberalization under the conditions of increasing returns to scale (IRS) and …. However, of the recent IRS/IC models used to simulate the effects of trade liberalization none have empirically tested for the …
Persistent link: https://www.econbiz.de/10009024588
Recent multi-product statistical studies of production in life insurance industries in North America and the UK have produced mixed findings with regard to economies of scale and scope. This study presents results for the life insurance industry in New Zealand, which has a small economy where...
Persistent link: https://www.econbiz.de/10013147758
This paper uses a new measure of bank service output to estimate various specifications of production and cost functions for Bank Holding Companies (BHCs) over the period 1986 to 1999. The new output series is a true flow measure of bank service value added, and it follows from a unified model...
Persistent link: https://www.econbiz.de/10014067566
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...
Persistent link: https://www.econbiz.de/10012260171
Water utilities in developing countries face a challenge in maintaining the existing supply and extending the supply of pipe-borne water to rural areas in face of growing demand. Understanding the cost structure is important for developing the pricing policies, regulating the market structure...
Persistent link: https://www.econbiz.de/10015179921
Potable water supply in Germany is highly fragmented. A consolidation of the industry could, therefore, lead to lower cost of water supply and price savings for the customers. In this paper we estimate a total cost function for potable water supply based on a unique sample of German water...
Persistent link: https://www.econbiz.de/10011479166
Persistent link: https://www.econbiz.de/10011997661