Intra-industry agglomeration and the external economies of scale model: empirical evidence from Colombia

2021 ◽  
pp. 1-22
Author(s):  
Humberto Bernal
Keyword(s):  
Empirical Evidence ◽  
Economies Of Scale ◽  
Scale Model ◽  
Industry Agglomeration ◽  
External Economies Of Scale

scholarly journals The Efficiency of Non-Bank Financial Intermediaries: Empirical Evidence from Malaysia

2008 ◽  
Author(s):  
Fadzlan Sufian
Keyword(s):  
Risk Factors ◽  
Data Envelopment Analysis ◽  
Empirical Evidence ◽  
Financial Institutions ◽  
Economies Of Scale ◽  
Financial Intermediaries ◽  
Scale Efficiency ◽  
Data Envelopment ◽  
Parametric Data ◽  
Dea Method

This paper investigates the performance of Malaysian non-bank financial institutions during the period of 2000-2004. Several efficiency estimates of individual NBFIs are evaluated using the non-parametric Data Envelopment Analysis (DEA) method. The findings suggest that during the period of study, scale inefficiency outweighs pure technical inefficiency in the Malaysian NBFI sector. We find that the merchant banks have exhibited a higher, technical efficiency compared to their peers. The empirical findings suggest that scale efficiency tends to be more sensitive to the exclusion of risk factors, implying that potential economies of scale may be overestimated when risk factors are excluded.  

Clans and Ploughs: Traditional Institutions and Production Decisions of Kazakhs under Russian Colonial Settlement

2016 ◽  
Vol 76 (1) ◽  
pp. 76-108 ◽  
Author(s):  
Catherine Guirkinger ◽  
Gani Aldashev
Keyword(s):  
Economies Of Scale ◽  
Late Nineteenth Century ◽  
Nomadic Pastoralism ◽  
Traditional Institutions ◽  
Late Nineteenth ◽  
Clan Identity ◽  
Organization Of Production ◽  
Colonial Settlement ◽  
External Economies Of Scale ◽  
Land Pressure

This article investigates how, with increasing land pressure during Russian settlement in Kazakh steppes in the late nineteenth century, clan institutions affected the transition from nomadic pastoralism to settled agriculture. Using a novel dataset constructed from Russian colonial expedition materials matched with clan genealogies, we find that, controlling for geographic factors, clan identity strongly influenced the duration of transhumance period, the organization of production, and the acquisition of new agricultural tools. Information transmission within clans, external economies of scale in nomadic pastoralism, and clan-specific values and norms underlie the results.

Zur Reform des Rating-(Un)Wesens

2010 ◽  
Vol 61 (1) ◽  
Author(s):  
Hanno Beck ◽  
Helmut Wienert
Keyword(s):  
Asymmetric Information ◽  
Moral Hazard ◽  
Empirical Evidence ◽  
Economies Of Scale ◽  
Conflicts Of Interest ◽  
Principal Agent ◽  
Double Blind ◽  
Rating Agencies ◽  
Market Inefficiencies ◽  
Set Up

SummaryThe market for ratings suffers from several inefficiencies: asymmetric information and moral hazard lead to conflicts of interest and principal-agent-problems. Moreover, network externalities and economies of scale lead to a lack of competition in the market for ratings. There is empirical evidence for market inefficiencies as ratingshopping, herding or slow adjustment of wrong ratings to a changed environment. As a remedy for these problems, we suggest a fund where rating-orders are pooled and rated by means of a double-blind-approach. Each issuer of a security gives his product into a pool and rating agencies which meet the standards of the pool are free to tender for the mandate to rate the product. Several aspects how to set up such a pool and possible problems are being addressed in this paper.

scholarly journals Kleine Bundesländer – Achillesferse des Föderalismus?

2007 ◽  
Vol 56 (2) ◽  
Author(s):  
Norbert Berthold ◽  
Holger Fricke ◽  
Andreas Müller
Keyword(s):  
Economic Theory ◽  
Empirical Evidence ◽  
Economies Of Scale ◽  
The Other ◽  
Economic Outcome ◽  
External Effects ◽  
Federal Level ◽  
Strategic Behaviour ◽  
Other Hand ◽  
Political Decisions

AbstractIn this article we examine whether or not the small size (in terms of population) of some German Laender (states) is harmful. The economic theory of federalism forms the ground on which we present empirical evidence, focusing on our own results for the German Laender. We find evidence that political decisions on federal level instead of Laender level cause preference costs, and so do decisions in big or merged Laender. On the other hand, economies of scale as an assumed advantage of big jurisdictions obviously do not influence the economic outcome very much. We do not find indications for strategic behaviour due to external effects either. Nonetheless, if external effects are regarded as a problem concerning “Stadtstaaten”, they should rather be internalised by horizontal negotiations than by other instruments such as vertical payments or mergers between Laender. Hence, mergers of Laender do not seem to be a necessary precondition for decentralisation, which in turn is advisable as our results show.

EXTERNAL ECONOMIES OF SCALE AND OPTIMAL PLANT LOCATION: CORRECTION

2011 ◽  
Vol 16 (3) ◽  
pp. 389-392
Author(s):  
HONG HWANG ◽  
CHAO-CHENG MAI ◽  
YEUNG-NAN SHIEH
Keyword(s):  
Economies Of Scale ◽  
Plant Location ◽  
External Economies Of Scale

Spatial analysis of the participation in agri-environment measures for organic farming

2015 ◽  
Vol 31 (4) ◽  
pp. 375-386 ◽  
Author(s):  
Fabio Boncinelli ◽  
Fabio Bartolini ◽  
Gianluca Brunori ◽  
Leonardo Casini
Keyword(s):  
Organic Farming ◽  
Spatial Econometrics ◽  
Economies Of Scale ◽  
Public Support ◽  
Spatial Association ◽  
Spatial Relation ◽  
Development Policies ◽  
Agglomeration Effects ◽  
The Impact ◽  
External Economies Of Scale

AbstractSupport for organic farming is a key strategy of rural development policies in several countries. This paper studied the spatial pattern of participation in agro-environmnetal policy the policies designing to foster diffusion of organic farming. The ultimate goal is to investigate the impact of local factors for improving the policy targeting. Indicators of spatial association and a spatial econometrics model were performed for the analysis. The results show regional agglomeration effects of the rate of participants to the measures adopted to promote organic farming. In addition, a spatial relation among the farms that obtain public support is found, highlighting that the diffusion of participation is driven mainly by imitation process and external economies of scale.

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