ECONOMIES OF SIZE REVISITED

Spiro E. Stefanou · James Patrick Madden

21 citations0/0 files storedJournal of Agricultural Economics

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Agricultural economics and policies Merger and Competition Analysis Firm Innovation and Growth

Abstract

Empirical and theoretical investigations as to how firms evolve in size have been of interest to economists, agricultural economists and policymakers for decades. While returns to size have been frequently estimated, measurement has been carried out using a wide range of methodological approaches. This paper offers a critique and discussion of the conceptual and methodological issues surrounding the measurement of size economies.

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1977Agricultural Decision Analysis 1977Economies of Scale in Multi-Output Production 1979Production Function Estimation and Related Risk Considerations 1981Productivity growth, scale economies, and capacity utilization in US railroads, 1955-74.1987The competitive firm's response to risk 1982Market structure and multiproduct industries 1982Microeconomic Analysis.2016The Elasticity of Scale and the Shape of Average Costs

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1989Is Farming a Constant Cost Industry?2000Modeling and Measuring Productivity in the Agri‐Food Sector: Trends, Causes and Effects

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