Distinguishing between Economies of Scale and Technical Progress

We show how economies of scale may be distinguished from technical progress and how both may be simultaneously identified in the empirical analysis of aggregate economic growth. Using the meta-production function framework and a cross-section of time-series macroeconomic data on inputs and outputs f...

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Xehetasun bibliografikoak
Egile Nagusiak: Lawrence J. Lau, Jungsoo Park
Formatua: Artikulua
Hizkuntza:English
Argitaratua: World Scientific Publishing 2022-03-01
Saila:International Journal of Empirical Economics
Gaiak:
Sarrera elektronikoa:https://www.worldscientific.com/doi/10.1142/S2810943022500019