The Impact of Scale Economies

1973 ◽  
pp. 20-24
Author(s):  
Charles K. Rowley
Keyword(s):  
Scale Economies ◽  
The Impact

Agglomeration and Firm Performance: Economies of Scale, Localisation, and Urbanisation among Swedish Export Firms

2000 ◽  
Vol 32 (2) ◽  
pp. 305-321 ◽  
Author(s):  
Anders Malmberg ◽  
Bo Malmberg ◽  
Per Lundequist
Keyword(s):  
Economies Of Scale ◽  
Recent Literature ◽  
Export Performance ◽  
Scale Economies ◽  
Agglomeration Economies ◽  
Theoretical Development ◽  
Industrial Districts ◽  
Data Set ◽  
Unique Data ◽  
The Impact

In the 1990s, there has been an increase in interest in the spatial agglomeration of similar and related firms and industries. The recent literature is, however, marked by a lack of balance between theoretical development and empirical validation of the importance of agglomeration economies. Our aim in this paper is to redress the balance by assessing empirically the impact of various types of agglomeration economies on export performance. Our study is based on a unique data set including all Swedish export firms. We find that localisation economies are not as important as recent theoretical contributions on industrial districts, new industrial spaces, and innovative milieus have led us to believe. Instead, traditional scale economies, together with urbanisation economies, have a larger effect on export performance.

Partner-Scale Economies, Service Bundling, and Auditor Independence in the Australian Self-Managed Superannuation (Pension) Fund Industry

2016 ◽  
Vol 36 (2) ◽  
pp. 161-180 ◽  
Author(s):  
Bruce Arnold ◽  
Hazel Bateman ◽  
Andrew Ferguson ◽  
Adrian Raftery
Keyword(s):  
Pension Fund ◽  
Scale Effects ◽  
Scale Economies ◽  
Audit Fees ◽  
Auditor Independence ◽  
The Self ◽  
Retirement Savings ◽  
Audit Pricing ◽  
Level Scale ◽  
The Impact

SUMMARY Using proprietary Australian Taxation Office (ATO) data, this study examines audit pricing, service bundling, and independence issues in the self-managed superannuation fund (SMSF) sector, the fastest growing and largest segment of the Australian $2 trillion retirement savings industry. We consider the impact of partner-level scale effects for a large sample of SMSF audits for the three years to June 2010. After controlling for factors known to determine audit fees, we find evidence of fee discounting by partners with large client portfolios. However, when the dependent variable is redefined to the total “bundle” of services (including audit and non-audit fees), the firms of partners with larger client portfolios are shown to earn bundling fee premiums. This finding suggests industry specialists price strategically using audits as a conduit to supply higher margin non-audit services (NAS) to clients with more resources. Last, we find no evidence the supply of NAS impairs auditor independence, alleviating joint supply concerns raised in the Cooper Review.

Communication in Global Development Projects

2010 ◽  
pp. 153-169
Author(s):  
Maria Adenfelt ◽  
Katarina Lagerström
Keyword(s):  
Information Processing ◽  
Communication Technology ◽  
Information Communication Technology ◽  
Scale Economies ◽  
Organizational Level ◽  
Local Market ◽  
Development Projects ◽  
Global Development ◽  
Information Communication ◽  
The Impact

Globalization trends make the task of revisiting the nature of the organization of global development projects (GDPs) within MNCs imperative. In this study, GDPs are viewed as contemporary ventures that seek scale economies in response to opportunities and threats posed by globalization trends. Our focus is to obtain a better understanding of how communication is managed and organized in GDPs. The study is of a GDP with the aim of developing a common global product to be used by all subsidiaries in an MNC, but with openings for local market adaptations. The empirical findings show that: (1) the management had two goals with the project, which were conveyed and understood differently depending on organizational level and organizational belonging, (2) the administrative heritage of the MNC influenced the use of information communication technology for sharing information and knowledge, and (3) the impact of frequency and structure of communication for information processing.

scholarly journals Evaluating the Performance of Agricultural Bank Management: The Impact of State Regulatory Policies

1999 ◽  
Vol 31 (3) ◽  
pp. 437-448 ◽  
Author(s):  
Bernard K.N. Armah ◽  
Timothy A. Park ◽  
C.A. Knox Lovell
Keyword(s):  
Technological Change ◽  
Scale Economies ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Productivity Change ◽  
Efficiency Change ◽  
Regulatory Policies ◽  
Bank Management ◽  
Interstate Banking ◽  
The Impact

AbstractWe evaluate agricultural bank management performance, focusing on the impacts of interstate banking laws on productivity change. The generalized Malmquist productivity index decomposes productivity change into technological change, technical efficiency change, and change in scale economies. While managerial productivity rose from 1982 to 1991, states that adopted the most liberal interstate banking laws experienced the greatest improvement in productivity. Large agricultural banks were more efficient in states that had more liberalized interstate banking laws while small agricultural banks fared better in states with more restrictive laws.

Formation of Lunar Craters and Bright Rays as a Result of Meteorite Impacts

1962 ◽  
Vol 14 ◽  
pp. 415-418
Author(s):  
K. P. Stanyukovich ◽  
V. A. Bronshten
Keyword(s):  
Explosive Charge ◽  
The Moon ◽  
Meteorite Impacts ◽  
The Earth ◽  
Lunar Craters ◽  
The Impact

The phenomena accompanying the impact of large meteorites on the surface of the Moon or of the Earth can be examined on the basis of the theory of explosive phenomena if we assume that, instead of an exploding meteorite moving inside the rock, we have an explosive charge (equivalent in energy), situated at a certain distance under the surface.

The Geosciences Applied to Lunar Exploration

1962 ◽  
Vol 14 ◽  
pp. 169-257 ◽  
Author(s):  
J. Green
Keyword(s):  
Lunar Surface ◽  
Probable Mechanism ◽  
Point Of View ◽  
Lunar Exploration ◽  
Geological Model ◽  
Apply Geophysics ◽  
Surface Features ◽  
The Impact

The term geo-sciences has been used here to include the disciplines geology, geophysics and geochemistry. However, in order to apply geophysics and geochemistry effectively one must begin with a geological model. Therefore, the science of geology should be used as the basis for lunar exploration. From an astronomical point of view, a lunar terrain heavily impacted with meteors appears the more reasonable; although from a geological standpoint, volcanism seems the more probable mechanism. A surface liberally marked with volcanic features has been advocated by such geologists as Bülow, Dana, Suess, von Wolff, Shaler, Spurr, and Kuno. In this paper, both the impact and volcanic hypotheses are considered in the application of the geo-sciences to manned lunar exploration. However, more emphasis is placed on the volcanic, or more correctly the defluidization, hypothesis to account for lunar surface features.

Asteroid and Comet Impact Speeds upon Mars: Significance for Panspermia and the Supply of Organics

1997 ◽  
Vol 161 ◽  
pp. 197-201 ◽  
Author(s):  
Duncan Steel
Keyword(s):  
Probability Distributions ◽  
Regions Of Interest ◽  
Significant Fraction ◽  
Organic Chemicals ◽  
Impact Speed ◽  
The Mean ◽  
The Impact

AbstractWhilst lithopanspermia depends upon massive impacts occurring at a speed above some limit, the intact delivery of organic chemicals or other volatiles to a planet requires the impact speed to be below some other limit such that a significant fraction of that material escapes destruction. Thus the two opposite ends of the impact speed distributions are the regions of interest in the bioastronomical context, whereas much modelling work on impacts delivers, or makes use of, only the mean speed. Here the probability distributions of impact speeds upon Mars are calculated for (i) the orbital distribution of known asteroids; and (ii) the expected distribution of near-parabolic cometary orbits. It is found that cometary impacts are far more likely to eject rocks from Mars (over 99 percent of the cometary impacts are at speeds above 20 km/sec, but at most 5 percent of the asteroidal impacts); paradoxically, the objects impacting at speeds low enough to make organic/volatile survival possible (the asteroids) are those which are depleted in such species.

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