Paperback. 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. This book provides a critical assessment of the theory and evidence concerning the sources of scale effects. The analysis of static scale effects is important because scale effects are embedding in our world. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.

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Titolo: A Reconsideration of the Theory of Non-Linear Scale Effects (Paperback)
Editore: Cambridge University Press, Cambridge
Data di pubblicazione: 2018
Lingua: Inglese
ISBN 10: 1108453090
ISBN 13: 9781108453097
Rilegatura: Paperback
Condizione: new

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A critical assessment of the theory and evidence concerning the sources of scale effects.

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