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Using Firm Optimization to Evaluate and Estimate Returns to Scale

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NBER2007-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13666
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At the firm level, revenue and costs are well measured but prices and quantities are not. This paper shows that because of these data limitations estimates of returns to scale at the firm level are for the revenue function, not production function. Given this observation, the paper argues that,
创建时间:
2007-12-01
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