Abstract
This paper compares two methods of estimating returns to scale based on variable cost functions. It shows specifically how the methods differ, and indicates why it is important to select an appropriate method when drawing inferences about policy.
Original language | English (US) |
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Pages (from-to) | 25-31 |
Number of pages | 7 |
Journal | Economics Letters |
Volume | 11 |
Issue number | 1-2 |
DOIs | |
State | Published - 1983 |
ASJC Scopus subject areas
- Finance
- Economics and Econometrics