Profitability, Mechanization and Economies of Scale

ISBN-13: 9781138332898 / Angielski / Twarda / 2018 / 322 str.

Dudley Jackson

Opis

First published in 1998, this book explains how to assess the profitability of investment in mechanization and in expanding the scale of production, demonstrating the assessment with case studies using real-world plant-level data

Spis treści

Part 1. Production. 1. The Resource Costs of Production. 2. The Efficiency Rate of Profit. 3. The Constant Annual Rental Model. 4. The Factor Input Frontier Production Function. Part 2. Mechanization. 5. Mechanization in Theory. 6. Mechanization in Practice. Part 3. Economies of Scale. 7. Economies of Scale in Theory. 8. The Power Rule. Part 4. Combined Mechanization and Economies of Scale. 9. Increasing Returns to Scale and Mechanization in Blast Furnace Plants. 10. The Economic Theory of Combined Mechanization and Increasing Returns to Scale.

O autorze

Dudley Jackson, Professor of Economics, Department of Economics, University of Wollongong, Australia