Cette, Gilbert; Dromel, Nicolas; Lecat, Rémy; Paret, … - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2011
Short-term increasing returns to production factors are usually found in empirical studies. We argue they can be due to omitted variables, particularly the intensity of factor utilisation. Thanks to original French firm-level data (1992-2008), we show how increasing returns to scale disappear...
