Increasing Returns and Economic Efficiency (Hardcover)

Language: English

Published by Oxford University Press Inc, New York, 1993

0195065530 / 9780195065534

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Hardcover. Increasing returns to scale is an area in economics that has recently become the focus of much attention. While most firms operate under constant or decreasing return to scale on their relevant range of production, some firms produce goods or services with a technology which exhibits increasing returns to scale at levels of production which are large relative to the market. These goods are an important component of economic activity in a modern economy and aretypically commodities produced either by a public sector or, as in the U.S., by regulated utilities. In this study, the author analyzes increasing returns using general equilibrium theory to take intoaccount the interactions between production in the public and the private sector, and the effects of financing the public sector on the redistribution of income. 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. This is an English translation of a book originally published in French. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.…

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Title
Increasing Returns and Economic Efficiency (Hardcover)
Author
Martine Quinzii
Publisher
Oxford University Press Inc, New York
Publication year
1993
Condition
new
Binding
Hardcover
Language
English
ISBN 10
0195065530
ISBN 13
9780195065534

CitiRetail

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AbeBooks seller since June 29, 2022

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