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• W2330495867 abstract "This paper examines the cement production process in the framework of production processes in chemical industries put forth by Greenberg, Hill, and Newburger [8]. The model assumes that production occurs within a finite set of well-defined alternative processes. Although the ratio of inputs does vary as output varies, inputs cannot be traded off within a given process. The production technique, therefore, does not allow for smooth substitutability between inputs. The model is tested using operating data for a sample of twentyseven U.S. and Canadian plants during the period 1963 to 1965. The major results are: a) cement production is characterized by large economies of scale in capital and labor, with the extent varying by type of plant (wet or dry) and by type of capital input (kiln or accessory machine); b) for wet plants, there is support for the engineering two-thirds rule; and c) material inputs display fixed proportions with factor coefficients varying by type of plant. The paper proceeds in three parts. Section II provides a description of the cement production process. Section III reviews prior evidence on the existence and nature of economies of scale in cement production. Finally, Section IV describes and estimates an econometric model of cement production." @default.
• W2330495867 created "2016-06-24" @default.
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• W2330495867 date "1981-07-01" @default.
• W2330495867 modified "2023-09-27" @default.
• W2330495867 title "The Nature and Source of Economies of Scale in Cement Production" @default.
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• W2330495867 doi "https://doi.org/10.2307/1058601" @default.
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