Nonparametric measures of scale economies and capacity utilization: An application to U.S. manufacturing

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Nonparametric measures of scale economies and capacity utilization: An application to U.S. manufacturing

An economic measure of scale efficiency is the ratio of the minimum average cost to the average cost at the actual output level of a firm. It is easily measured by the ratio of the total cost of this output under the constant and variable returns to scale assumptions. This procedure does not identify the output level where the average cost reaches a minimum. This paper proposes a nonparametric ...

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ژورنال

عنوان ژورنال: European Journal of Operational Research

سال: 2015

ISSN: 0377-2217

DOI: 10.1016/j.ejor.2015.03.024