English, Article edition: Technological Change and the Scale of Production Matthew Mitchell

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Technological Change and the Scale of Production
Author
  • Matthew Mitchell
Physical Description
  • article
Notes
  • Many manufacturing industries, including the computer industry, have seen large increases in productivity grwoth rates and have experienced a reduction in average establishment size. A vintage capital model is introduced which can account for this fact. It is shown that a rise in the rate of technological change decreases average plant size, that is, the level of innovation affects fim soze. Smaller plants are not more innovative, as has been suggested, but indutries with more innovation, as measured by productivity growth, have smaller plants. (Copyright: Elsevier)
  • RePEc:red:issued:v:5:y:2002:i:2:p:477-488
Language
  • English
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