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On the Estimation of Economies of Scale
The Data and Tests of the Samples
The Econometric Interpretation of the Production Function
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Estimation of Economies of Scale in Nineteenth Century United States ...
No preview available - 2019
3AId 3mVA 3TdWVS aggregate average cost curve Bateman and Weiss bias boot and shoe Census Bureau chi-square Cobb-Douglas Cobb-Douglas production function coefficient constant returns cotton economies of scale elasticity of substitution elasticity with respect England equation errors external economies factor firms five percent level flour milling hundred percent sample hypothesis increasing returns industry inter-regionally traded commodities isoquants Kmenta labor and capital likelihood function long-run average cost LU LU lumber milling manufacturing manuscripts measure Middle Atlantic Minimum Efficient Plant nineteenth century NVH1 optimal plant Optimal Size Categories optimally sized plants output elasticities output valued Output/Input OVH1 OVHl perfect competition production function estimates published census summaries ratio regions regression returns to scale Ringstad sample statistics scale economies scale parameter significant significantly different significantly greater South southern SS3T statistics survivor technique technological change textiles total value-added variable scale elasticity zero