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Author Cette, Gilbert ♦ Dromel, Nicolas ♦ Lecat, Rémy ♦ Paret, Anne-Charlotte
Source Hyper Articles en Ligne (HAL)
Content type Text
File Format PDF
Language English
Subject Keyword Production function ♦ productivity ♦ factor returns. ♦ Fonction de production ♦ productivité ♦ rendement d'échelle. ♦ shs ♦ Humanities and Social Sciences/Economies and finances
Abstract Short-term increasing returns to production factors are usually found in empirical studies. We argue they can be due to omitted variables, particularly the intensity of factor utilisation. Thanks to original French firm-level data (1992-2008), we show how increasing returns to scale disappear when working time, capacity utilisation rate and mainly capital operating time are introduced in the production function
ISSN 1955611X
Educational Use Research
Learning Resource Type Article
Publisher Date 2011-05-01