Cette, Gilbert; Dromel, Nicolas; Lecat, Rémy; Paret, … - In: The Review of Economics and Statistics 97 (2015) 1, pp. 134-143
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 utilization. Thanks to original French firm-level data (1992–2008), we show how increasing returns to scale...