Publication Date
1990
Recommended Citation
Pol, Eduardo, Ray scale economies and multiproduct cost functions, Department of Economics, University of Wollongong, Working Paper 90-8, 1990, 8.
https://ro.uow.edu.au/commwkpapers/322
Abstract
The purpose of this paper is to show that if the ray scale economies depend on the output vector alone, it is possible to derive the full behaviour of costs as output bundles change. The formal proofs provide operational criteria for generating multiproduct cost functions for which ray scale economies depend either on cost level alone, or on output proportions alone, in a presassigned manner.
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