The Experts below are selected from a list of 303 Experts worldwide ranked by ideXlab platform

Barbara M. Roberts - One of the best experts on this subject based on the ideXlab platform.

Kevin Amess - One of the best experts on this subject based on the ideXlab platform.

Robert E Mcauliffe - One of the best experts on this subject based on the ideXlab platform.

Gianpaolo Rossini - One of the best experts on this subject based on the ideXlab platform.

  • Are Workers' Enterprises Entry Policies Conventional?
    Labour, 2008
    Co-Authors: Michele Moretto, Gianpaolo Rossini
    Abstract:

    One of the main reasons why workers’ enterprises (WE) still represent a relevant chunk of the economy may lay in some affinities with conventional profit maximizing firms. To prove this, we compare the entry policies of WEs and conventional firms when they can decide size at entry while having to stick to it afterwards. Even though short run differences remain, a long run coincidence appears besides that under certainty. Endogenizing size and time of entry in an uncertain dynamic environment we see that WEs enter at the same trigger and size of conventional firms. Both of them wait less and choose a dimension larger than the Minimum Efficient Scale. This may be another way to explain why WE are still an important share of the economy (Hesse and Cihak, 2007) despite the ongoing mantra of their imminent demise.

  • Are Workers Enterprises Entry Policies Conventional
    2007
    Co-Authors: Michele Moretto, Gianpaolo Rossini
    Abstract:

    One of the reasons why workers'enterprises (WE) still represent a relevant chunk of the economy may lay in some affinities with conventional profit maximizing firms. To provide a solid basis to this presumption, we compare the entry policies of WEs and conventional firms when size is set at entry and kept fixed afterwards. Even though short run differences remain between WEs and conventional firms, a long run coincidence appears in an uncertain dynamic environment. Endogenizing size and time of entry we see that the two kinds of firms enter at the same trigger market price and size. Both of them enter earlier and choose a dimension larger than the Minimum Efficient Scale. This generalised coincidence may be another way to explain why WEs still make for an important share of the economy (Hesse and Cihak, 2007) despite the ongoing mantra of their imminent demise.

  • Are Workers' Enterprises Entry Policies Conventional?
    SSRN Electronic Journal, 2007
    Co-Authors: Michele Moretto, Gianpaolo Rossini
    Abstract:

    One of the reasons why workers' enterprises (WE) still represent a relevant chunk of the economy may lay in some affinities with conventional profit-maximizing firms. To provide a solid basis to this presumption, we compare the entry policies of WEs and conventional firms when size is set at entry and kept fixed afterwards. Even though short-run differences remain between WEs and conventional firms, a long-run coincidence appears in an uncertain dynamic environment. Endogenizing size and time of entry we see that the two kinds of firms enter at the same trigger market price and size. Both of them enter earlier and choose a dimension larger than the Minimum Efficient Scale. This generalized coincidence may be another way to explain why WEs still make for an important share of the economy despite the ongoing mantra of their imminent demise.

Rana Hasan - One of the best experts on this subject based on the ideXlab platform.

  • Returns to Scale in a highly regulated economy: evidence from Indian firms
    Journal of Development Economics, 1998
    Co-Authors: Brian Fikkert, Rana Hasan
    Abstract:

    Abstract This paper examines returns to Scale for a panel of Indian manufacturing firms from 1976–1985, a period in which government regulations restricted firms' expansion. Observers have argued that these regulations led to unexploited Scale economies in Indian firms, and our estimates lend limited support to this view. Although a large number of firms produce below the Minimum Efficient Scale, average returns to Scale for the various industries are not significantly different from one. Our estimates suggest that recent deregulation will not generate significant gains in Scale efficiency unless expansion is heavily biased towards growth in the smaller firms.