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Increasing Returns to Scale

Increasing Returns to Scale
Author: Tim Walshaw
Publisher: Lulu.com
Total Pages: 70
Release: 2014-05-01
Genre: Business & Economics
ISBN: 0987494651

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This book offers you a very good way to invest profitably in good companies in the long term, and furthermore avoid losses by investing in bad ones. Its basic message is that if you invest in a company with increasing returns to scale, economic theory states that the company MUST be profitable; and furthermore, you are (almost) guaranteed an increased profit in the next period. If profits increase, share prices should also increase over the medium to long term. This is also a very simple method, not requiring complex methodology, or reliance on 'tips' or 'stories'. You can do it yourself over a few minutes each week. What is this magic method? It is a simple technique drawn from the theory of Economics, called 'Returns to Scale'. Your aim is to invest in firms with Increasing Returns to Scale, and avoid investing in firms with Decreasing Returns to Scale, or worse still (and there are too many of these) Negative Returns to Scale.


Evolutionary Spatial Economics

Evolutionary Spatial Economics
Author: Miroslav N. Jovanović
Publisher: Edward Elgar Publishing
Total Pages: 789
Release: 2020-01-31
Genre: Business & Economics
ISBN: 1785368990

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A crucial question in contemporary economics concerns where economic activities will locate and relocate themselves in the future. This comprehensive, innovative book applies an evolutionary framework to spatial economics, arguing against the prevailing neoclassical equilibrium model, providing important concrete and theoretical insights, and illuminating areas of future enquiry.


Returns To Scale

Returns To Scale
Author: Fouad Sabry
Publisher: One Billion Knowledgeable
Total Pages: 270
Release: 2024-02-04
Genre: Business & Economics
ISBN:

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What is Returns To Scale In the field of economics, the concept of returns to scale is a concept that emerges within the setting of the production function of a company. It provides an explanation for the long-term relationship between increases in output (production) and accompanying increases in inputs. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Returns to scale Chapter 2: Economies of scale Chapter 3: Growth accounting Chapter 4: Elasticity (economics) Chapter 5: Marginal cost Chapter 6: Cobb-Douglas production function Chapter 7: Production-possibility frontier Chapter 8: Production function Chapter 9: Average cost Chapter 10: Marginal product Chapter 11: Diminishing returns Chapter 12: Isoquant Chapter 13: Output elasticity Chapter 14: Cost curve Chapter 15: Production set Chapter 16: Constant elasticity of substitution Chapter 17: Supply (economics) Chapter 18: Production (economics) Chapter 19: Marginal product of capital Chapter 20: Risk premium Chapter 21: Marginal product of labor (II) Answering the public top questions about returns to scale. (III) Real world examples for the usage of returns to scale in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Returns To Scale.


Increasing Returns and Path Dependence in the Economy

Increasing Returns and Path Dependence in the Economy
Author: W. Brian Arthur
Publisher: University of Michigan Press
Total Pages: 228
Release: 1994
Genre: Business & Economics
ISBN: 9780472022403

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Pioneering work on an important new approach to economics.


Handbook of Production Economics

Handbook of Production Economics
Author: Subhash C. Ray
Publisher: Springer Nature
Total Pages: 1797
Release: 2022-06-02
Genre: Business & Economics
ISBN: 9811034559

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This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.


The Return to Increasing Returns

The Return to Increasing Returns
Author: James M. Buchanan
Publisher: University of Michigan Press
Total Pages: 400
Release: 1994
Genre: Business & Economics
ISBN: 9780472104321

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Makes available important articles on increasing returns as related to the size of the economy


Advances in DEA Theory and Applications

Advances in DEA Theory and Applications
Author: Kaoru Tone
Publisher: John Wiley & Sons
Total Pages: 579
Release: 2017-04-12
Genre: Mathematics
ISBN: 1118946707

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A key resource and framework for assessing the performance of competing entities, including forecasting models Advances in DEA Theory and Applications provides a much-needed framework for assessing the performance of competing entities with special emphasis on forecasting models. It helps readers to determine the most appropriate methodology in order to make the most accurate decisions for implementation. Written by a noted expert in the field, this text provides a review of the latest advances in DEA theory and applications to the field of forecasting. Designed for use by anyone involved in research in the field of forecasting or in another application area where forecasting drives decision making, this text can be applied to a wide range of contexts, including education, health care, banking, armed forces, auditing, market research, retail outlets, organizational effectiveness, transportation, public housing, and manufacturing. This vital resource: Explores the latest developments in DEA frameworks for the performance evaluation of entities such as public or private organizational branches or departments, economic sectors, technologies, and stocks Presents a novel area of application for DEA; namely, the performance evaluation of forecasting models Promotes the use of DEA to assess the performance of forecasting models in a wide area of applications Provides rich, detailed examples and case studies Advances in DEA Theory and Applications includes information on a balanced benchmarking tool that is designed to help organizations examine their assumptions about their productivity and performance.


Profitability, Mechanization and Economies of Scale

Profitability, Mechanization and Economies of Scale
Author: Dudley Jackson
Publisher: Routledge
Total Pages: 334
Release: 2018-10-03
Genre: Business & Economics
ISBN: 0429821328

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First published in 1998, this book introduces a new concept of profitability, called the 'efficiency rate of profit', which is defined as the ratio between the unit net margin and the unit capital requirement and shows how the efficiency rate of profit may be used in the assessment of mechanization and economies of scale. The book also shows how the efficiency rate of profit relates to the financial opportunity cost of investment, thus resolving the long-standing controversy over 'interest as a cost'. Using real-world plant-level data, the book explains fully the process of mechanization, how increasing returns to scale works at the plant level through power rule relating plant or equipment cost to capacity and how and why it is more cost effective to combine mechanization with expanding the scale of production in one combined 'package' of efficiency improvement.