A Reconsideration of the Theory of Non-Linear Scale Effects: The Sources of Varying Returns to, and Economies of, Scale - Couverture souple

Lipsey, Richard G

Couverture souple

ISBN 10 : 1108453090 ISBN 13 : 9781108453097

Editeur : Cambridge University Press, 2018

Synopsis

The main thrust of this Element is a critical assessment of the theory and evidence concerning the sources of scale effects. It is argued that the analysis of static scale effects is important because scale effects are embedding in our world, and new technologies associated with an evolving economy often allow their exploitation when they cannot be exploited in less technically advanced and smaller economies. So, although static equilibrium theory is not a good vehicle for studying economic growth, showing how scale effects operate when output varies with given technology helps us to understand the scale effects that occur when output rises as a result of economic growth, even though that is typically driven by technological change.

Détails de l'édition

• Éditeur: Cambridge University Press
• Date d'édition: 2018
• ISBN 10: 1108453090
• ISBN 13: 9781108453097
• Reliure: Broché
• Langue: anglais
• Numéro d'édition: 1
• Nombre de pages: 114
• Coordonnées du fabricant: non disponible