Chan, Vei-Lin; Chen, Been-Lon; Cheung, Kee-Nam - In: Contemporary Economic Policy 13 (1995) 4, pp. 118-130
This paper presents estimates of indexes of internal returns to scale and external economies for two-digit manufacturing industries in Taiwan. Estimating the returns to scale indexes involves using both SUR and 3SLS estimation procedures. The data strongly support the presence of external...