Assessing University of Education, Winneba Production Economies of Scale and Scope: A Further Decomposition

Isaac Addai
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Isaac Addai: Department of Accounting Studies, College of Technology Education, University of Education, Winneba, P.O.BOX 1277, Kumasi, Ghana

International Journal of Research and Scientific Innovation, 2019, vol. 3, issue 11, 323-327

Abstract: The study, paper empirically estimates University of Education, Winneba (UEW) multi-product costs using the flexible quadratic cost function. Statistical results suggest that there are both economies of scale and scope in UEW multi-production. Furthermore, there exist product-specific diseconomies of scope for Fulltime output suggesting that it is more costly or cost disadvantage for UEW producing that output in isolation from other outputs. There exist product-specific economies of scope for Distance and Sandwich outputs respectively suggesting cheaper joint production of each output.

Date: 2019
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