Abstract
This article is concerned with three specific issues in the cane-sugar manufacturing industry as a case study of scale economies in less developed countries: assessing the strength of scale economies; identifying the principal sources of scale economies; and comparing the shape of the long-run average cost curve for five different countries in association with an examination of the significance of the 'minimum economic size' criterion. The article addresses itself to these issues in a manner which might usefully be employed more widely in policy-related economic analysis in less developed countries.
Original language | English |
---|---|
Pages (from-to) | 209-226 |
Number of pages | 18 |
Journal | Oxford Bulletin of Economics and Statistics |
Volume | 49 |
Issue number | 2 |
DOIs | |
Publication status | Published - May 1987 |
Keywords
- scale economies
- sugar
- sugar industry
- industrialization
- less developed countries