A Reconsideration of the Theory of Non-Linear Scale Effects
The Sources of Varying Returns to, and Economies of, Scale
Published on 28. March 2018
978-1-108-56190-7 (ISBN)
Description
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.
More details
Series
Language
English
Place of publication
Cambridge
United Kingdom
Target group
Professional and scholarly
Illustrations
Worked examples or Exercises; 5 Line drawings, black and white
File size
1,72 MB
ISBN-13
978-1-108-56190-7 (9781108561907)
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Schweitzer Classification
Other editions
Additional editions
Richard G. Lipsey
A Reconsideration of the Theory of Non-Linear Scale Effects
The Sources of Varying Returns to, and Economies of, Scale
Book
03/2018
Cambridge University Press
€24.00
Shipment within 15-20 days
