Increasing Returns and Economic Efficiency

Name: Increasing Returns and Economic Efficiency
Brand: Oxford University Press Inc
SKU: 9780195065534
Price: 57.18 EUR
Availability: InStock

Автор: Martine Quinzii

Език:

Корици: С твърди корици

Издател: Oxford University Press Inc

Наличност: Външен склад

Изпращаме след 9-15 дни

57.18 € 111.84 лв

Increasing returns to scale is an area in economics that is becoming more important in the literatur...

Информация за книгата

Автор

Martine Quinzii

Език

Английски език

Корици

Книга - С твърди корици

Издадена

1993

страници

174

EAN

9780195065534

ISBN

0195065530

Enbook ID

04512761

Издател

Oxford University Press Inc

Теглоt

416

Размери

161 x 242 x 19

Пълно описание

Increasing returns to scale is an area in economics that is becoming more important in the literature. The economic phenomenon of increasing returns presents serious conceptual difficulties for the traditional competitive theory of resource allocation. While most firms exhibit constant or decreasing returns to scale, some firms manufacture products whose technology permits increasing returns to scale that are large relative to the market. These goods are an important component of economic activity in a modern economy and are typically commodities produced either by a public sector or, as in the US, by regulated utilities. The author analyses increasing returns using general equilibrium theory to take into account the interactions between production in the public and the private sectors and the effects of financing the public sector on the redistribution of income.

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Increasing Returns and Economic Efficiency

Информация за книгата

Пълно описание

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