There is a body of economic literature that gives specific attention to economies of scale and the optimum size of firms. According to Frank Knight, one of the most serious problems of theory is ascertaining the relationship between size and efficiency. / The empirical results of this comparative statics study were derived using ordinary least square estimation. Results are given for each year--1972 and 1977--and comparisons and contrasts for these years are made. One of the conclusions drawn indicates that in estimating the cost of fuel consumed per employee in both 1972 and 1977, the hierarchy of the independent variables' influence generally descend from captial stock to value of shipment, new capital expenditures, capital vintage, and four-firm concentration ratio. These independent variables were specified on a per employee basis. Also, the cost of fuel consumed per employee and, in the majority of cases, capital vintage generally declined as the employment size classification increased. On the other hand, both the value of shipment per employee and the four-firm concentration ratio generally increased as employment size rose. / Source: Dissertation Abstracts International, Volume: 49-06, Section: A, page: 1525. / Major Professor: Charles Haworth. / Thesis (Ph.D.)--The Florida State University, 1988.
| Identifer | oai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_76301 |
| Contributors | Jeffries, Christopher Norfleet., Florida State University |
| Source Sets | Florida State University |
| Language | English |
| Detected Language | English |
| Type | Text |
| Format | 184 p. |
| Rights | On campus use only. |
| Relation | Dissertation Abstracts International |
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