Diseconomies of scale
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Efficiency and optimal size of hospitals: Results of a systematic search Open
Studies analysed in this review showed that economies of scale are present for merging hospitals. Results supported the current policy of expanding larger hospitals and restructuring/closing smaller hospitals. In terms of beds, studies rep…
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How Much Does Size Erode Mutual Fund Performance? A Regression Discontinuity Approach Open
The level of diseconomies of scale in asset management has important implications for tests of manager skill and the expected level of performance persistence. To identify the causal impact of fund size on future returns, we exploit the fa…
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Machine learning and fund characteristics help to select mutual funds with positive alpha Open
Machine-learning methods exploit fund characteristics to select tradable long-only portfolios of mutual funds that earn significant out-of-sample annual alphas of 2.4% net of all costs. The methods unveil interactions in the relation betwe…
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Analysis of collaborative savings and cost allocation techniques for the cooperative carrier facility location problem Open
Transport companies may cooperate to increase their efficiency levels by e.g. the exchange of orders or vehicle capacity. In this paper a new approach to horizontal carrier collaboration is presented: the sharing of distribution centres (D…
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Multinational teams and diseconomies of scale in collaborative research Open
Larger research teams are linked to decreasing impact, whereas contributions by international coauthors result in citation gains.
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Evaluation Research of Green Innovation Efficiency in China’s Heavy Polluting Industries Open
Recently, green innovation efficiency, which considers innovation and environmental factors, is gradually becoming important for the sustainable development of Chinese heavy polluting industries because of the increasing strictness in Chin…
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Finding the Golden Mean: Country Size and the Performance of National Bureaucracies Open
This article contributes to the debate on environmental determinants of public service performance by analyzing the effect of country size (population size) on public service effectiveness. It theoretically describes and empirically tests …
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What Drives Smallholders to Utilize Socialized Agricultural Services for Farmland Scale Management? Insights from the Perspective of Collective Action Open
The diseconomies of scale found in smallholders’ agricultural production is a common problem faced by global agricultural development. Notable examples of regions in which this occurs include Central and Eastern Europe, India, Brazil, and …
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Policy spillovers in the regulation of multiple pollutants Open
We analyze the interplay between policies aimed to control transboundary and local pollutants such as greenhouse gases and particulate matter. The two types of pollution interact in the abatement cost function of the polluting firms throug…
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An Economics-by-Design Approach Applied to a Heat Pipe Microreactor Concept Open
Microreactors present a potential paradigm shift in the nuclear industry. Emphasis thus far has been on large-scale multi-billion-dollar projects that cater solely to grid electricity market. These projects can be challenging to finance an…
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Corporate liquidity and firm value: evidence from China’s listed firms Open
\nThe value of liquidity is a promising area for research. This paper analyzes the correlation be-tween corporate liquidity and firm value by using evidence from China’s listed firms. This paper also investigates the relation among corpora…
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Does more competition result in better port performance? Open
This study examines the impact of competitive pressure on port performance. We merge the competitive rivalry literature with the port management literature to explain the inverted U-shaped relationship between competitive pressure and port…
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Need to adopt scaled decentralized systems in the water infrastructure to achieve sustainability and build resilience Open
Urban water infrastructure (UWI) in cities faces enormous pressure to cope with increased water demands, handle extreme events and improve the service with minimum resource consumption and environmental impacts. The current study presents …
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The Impact of Urbanization on Farmland Productivity: Implications for China’s Requisition–Compensation Balance of Farmland Policy Open
The rapid growth of China’s economy since the reform in 1978 should be largely attributed to urbanization. Nonetheless, in terms of farmland productivity, urbanization may lead to perverse incentives and thus threaten food security. On the…
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Spatial and Temporal Evolution of Urban Systems in China during Rapid Urbanization Open
The structure of urban hierarchy and the role of cities of different sizes have drawn considerable scholarly interests and societal concerns. This paper analyzes the evolution and underlying mechanisms of urban hierarchy in China during th…
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Optimum Territorial Reforms in Local Government: An Empirical Analysis of Scale Economies in Ireland Open
Economies of scale are often the underlying rationale for local government amalgamations. Yet the international evidence on the relationship between municipal output or size (in population terms) and costs as measured by expenditure per ca…
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From the coast to the interior: global economic evolution patterns and mechanisms Open
It is well established that nighttime light brightness value, which is measured from satellites, correlates with economic prosperity across the globe. Researchers have diverged over whether economic factors cluster in coastal areas or move…
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Production and scale efficiency of South African water utilities: the case of water boards Open
South Africa is a water scarce country with deteriorating water resources. Faced with tight fiscal and water resource constraints, water utilities would have to adopt technically efficient water management technologies to meet developmenta…
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Vegetable production technical efficiency and technology gaps in Ghana Open
This study characterises the nature of the vegetable production shortfall throughout Ghana for remedial action to be taken. By applying the meta-stochastic frontier analysis to a sample of okra, pepper and tomato farmers, the results show …
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Port system evolution – the emergence of second-tier hubs Open
Some evidence has emerged of second-tier hubs inserting themselves between hubs and feeder ports, producing a new hierarchy of port networks. This article aims to establish the dynamics of this process based on illustrative cases in Asia, …
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X-efficiency and economies of scale in pension fund administration and investment Open
Pension funds’ operating costs impair pension benefits, so it is crucial for pension funds to operate at the lowest cost possible. In practice, we observe substantial differences in costs per member for Dutch pension funds, both across and…
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Does Firm Size Matter for ESG Risk? Cross-Sectional Evidence from the Banking Industry Open
The ambiguous evidence regarding the linkages between firm size and ESG risk in the relevant literature justifies the need for their further scientific investigation. A particularly interesting context for this task is offered by the banki…
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FOREIGN MARKET KNOWLEDGE, COUNTRY SALES BREADTH AND INNOVATIVE PERFORMANCE OF EMERGING ECONOMY FIRMS Open
We examine the impact of foreign market knowledge on innovative performance in emerging economy firms. We also study how this relationship is moderated by country sales breadth, i.e., the diversity of countries in which the firm derives sa…
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Contractual networks: an organizational model to reduce the competitive disadvantage of small and medium enterprises (SMEs) in Europe’s less developed regions. A survey in southern Italy Open
Limitations faced by southern Italy’s small enterprises due to their dimensions may be overcome by cooperation strategies and network contracts. The international literature has highlighted that effectively governed business networks appea…
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The Impact of Frictions in Routine Execution on Economies of Scope Open
Research summary: Based on a detailed database of a beverages producer‐distributor that expanded its product variety by leveraging its logistic network, we show that product diversification generates economies of scope and also higher oper…
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Diseconomies of Scale in the Actively-Managed Mutual Fund Industry: What Do the Outliers in the Data Tell Us? Open
Recent research suggests that improper identification of outliers can lead to distorted inference. We investigate this issue by examining the role that multivariate outliers play in research outcomes using the Chen et al. (2004) study. We …
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Influence of Firm Size on Financial Performance of Deposit Money Banks Quoted on the Nigeria Stock Exchange Open
This research work investigated the influence of firm size on the financial performance of deposit money banks quoted on the Nigerian stock exchange. The research work is necessitated by the need to find the factors that respond positively…
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Diseconomies of Scale in Quantitative and Fundamental Investment Styles Open
We examine diseconomies of scale for two different investment approaches: quantitative and fundamental. Using separate account (SA) data where the investment approach is self-identified, we find that fundamental SAs exhibit greater disecon…
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Dark tourism: is it a growth segment for the Malaysia tourism industry? Open
Purpose – This paper reports the empirical investigation on the causal relationship between perceived importance of dark tourism product and tour operators’ action behavior. The tour operator’s perceived importance of dark tourism attribut…
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Farmers’ Intentions to Lease Forestland: Evidence from Rural China Open
In the last decade, despite considerable research developed for the forestland leasing market, little has been published in terms of econometric results on determinants of intentions and behaviors of Chinese farmers. With respect to leasin…