A Dual Approach to Measuring the Nearness of Near-Monies.

A-Tier
Journal: Review of Economics and Statistics
Year: 1987
Volume: 69
Issue: 1
Pages: 118-27

Authors (3)

Sims, Grant E (not in RePEc) Takayama, Akira (not in RePEc) Chao, Chi-chur

Score contribution per author:

1.345 = (α=2.02 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Increasing returns to scale (RTS) is frequently po stulated as affecting productivity in surface coal mining. However, it is not cl ear whether increased capital intensity or increased output is the relevant phen omenon. A ray-homothetic production function that incorporates the capital labor mix and fixed site geology into the scale elasticity is presented and estimated with a micro (mine level)dataset. The results indicate that higher capital int ensity contributes to higher RTS for some types of capital equipment, but not al l. On the average, increasing RTS was found, with few mines approaching optimal scale. Copyright 1987 by MIT Press.

Technical Details

RePEc Handle
repec:tpr:restat:v:69:y:1987:i:1:p:118-27
Journal Field
General
Author Count
3
Added to Database
2026-01-25