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Economies of scale in the Swedish Sawmill Industry

Månsson, Jonas, 1964- (author)
Växjö universitet,Ekonomihögskolan, EHV,CAFO, Nationalekonomi och Statistik
 (creator_code:org_t)
Urban & Fischer Verlag Published by Elsevier GmbH, 2003
2003
English.
In: Journal of Forest Economics. - : Urban & Fischer Verlag Published by Elsevier GmbH. - 1104-6899 .- 1618-1530. ; 9:3, s. 169-179
  • Journal article (peer-reviewed)
Abstract Subject headings
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  • In this study, scale elasticity and optimal size of the Swedish sawmill industry is investigated.An input distance function is used to compute scale elasticity. The result of the study shows that the average scale elasticity is above 1, indicating existence of economies of scale in the industry. By comparing the size of the average input – output vectors with the inefficiency adjusted input vector and the output vector for scale efficient units, we could see that, in general, there are gains to be made by expansion. However, some units may gain from becoming smaller.

Subject headings

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
SOCIAL SCIENCES  -- Economics and Business -- Economics (hsv//eng)

Keyword

Scale elasticity
Optimal Size
Parametric distance function
Economics
Nationalekonomi
Economics
Nationalekonomi

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