A Comparison of the Rates of Earning of Large-Scale and Small-Scale Industries

H. B. Summers

The Quarterly Journal of Economics, 1932, vol. 46, issue 3, 465-479

Abstract: Development of large-scale industry, 465. — Support of the idea of economies of large-scale production, 465. — Results of statistical tests of relation of size to efficiency, 467. — Scope and method of the present study, 468. — Limitations of the method used, 474. — Smallest companies show highest earnings, 476. — In some industrial fields, earnings decrease as investment is increased, 476. — Final comparison of earnings of large and small concerns, 478. — Conclusions, 478.

Date: 1932
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