Empirical Study on Economies of Scale in China Manufacturing
The paper is based on Chinese industrial enterprises database, applying the method of translog cost function to measure the economies of scale in manufacturing during the period between 2000 to 2013. The result shows that the mean of scale economies (SCE) is between 0.993 and 0.996, which indicates...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EDP Sciences
2020-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/74/e3sconf_ebldm2020_02025.pdf |
| _version_ | 1818443537641897984 |
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| author | Lingyao WANG Yaodong ZHOU |
| author_facet | Lingyao WANG Yaodong ZHOU |
| author_sort | Lingyao WANG |
| collection | DOAJ |
| description | The paper is based on Chinese industrial enterprises database, applying the method of translog cost function to measure the economies of scale in manufacturing during the period between 2000 to 2013. The result shows that the mean of scale economies (SCE) is between 0.993 and 0.996, which indicates slight diseconomies of scale. From the perspective of the SCE variation trend, before 2010, there was a decreasing trend year by year, and the variation remained stable after 2010. Considering manufacturing heterogeneity, the paper divides manufacturing into nine groups to measure economies of scale. The group measurement results show that mining industry and light industry have high economies of scale, but in a decreasing state, other sub-sectors show slight diseconomies of scale and in a stable state. |
| first_indexed | 2024-12-14T19:01:37Z |
| format | Article |
| id | doaj.art-576ac05581ad4f8c88676efe37699564 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-12-14T19:01:37Z |
| publishDate | 2020-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-576ac05581ad4f8c88676efe376995642022-12-21T22:50:57ZengEDP SciencesE3S Web of Conferences2267-12422020-01-012140202510.1051/e3sconf/202021402025e3sconf_ebldm2020_02025Empirical Study on Economies of Scale in China ManufacturingLingyao WANG0Yaodong ZHOU1School of Economics and Management, Beijing Jiaotong UniversitySchool of Economics and Management, Beijing Jiaotong UniversityThe paper is based on Chinese industrial enterprises database, applying the method of translog cost function to measure the economies of scale in manufacturing during the period between 2000 to 2013. The result shows that the mean of scale economies (SCE) is between 0.993 and 0.996, which indicates slight diseconomies of scale. From the perspective of the SCE variation trend, before 2010, there was a decreasing trend year by year, and the variation remained stable after 2010. Considering manufacturing heterogeneity, the paper divides manufacturing into nine groups to measure economies of scale. The group measurement results show that mining industry and light industry have high economies of scale, but in a decreasing state, other sub-sectors show slight diseconomies of scale and in a stable state.https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/74/e3sconf_ebldm2020_02025.pdf |
| spellingShingle | Lingyao WANG Yaodong ZHOU Empirical Study on Economies of Scale in China Manufacturing E3S Web of Conferences |
| title | Empirical Study on Economies of Scale in China Manufacturing |
| title_full | Empirical Study on Economies of Scale in China Manufacturing |
| title_fullStr | Empirical Study on Economies of Scale in China Manufacturing |
| title_full_unstemmed | Empirical Study on Economies of Scale in China Manufacturing |
| title_short | Empirical Study on Economies of Scale in China Manufacturing |
| title_sort | empirical study on economies of scale in china manufacturing |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/74/e3sconf_ebldm2020_02025.pdf |
| work_keys_str_mv | AT lingyaowang empiricalstudyoneconomiesofscaleinchinamanufacturing AT yaodongzhou empiricalstudyoneconomiesofscaleinchinamanufacturing |