Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Jan, 1974, Volume 42, Issue 1

Some Empirical Evidence on the Decreasing Scale Elasticity<87:SEEOTD>2.0.CO;2-8
p. 87-102

Vidar Ringstad

In the theory of production it is frequently assumed that the scale elasticity is decreasing with scale. There are, however, very few empirical studies that provide support for this assumption. The results of this study, based on individual establishment data, suggest quite clearly that the scale elasticity is decreasing with scale in Norwegian mining and manufacturing.

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