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.
|Number of pages||18|
|Journal||Oxford Bulletin of Economics and Statistics|
|Publication status||Published - May 1987|
- scale economies
- sugar industry
- less developed countries