[Capital Utilization and Returns to Scale]: Comment

Capital Utilization and Returns T O Scale

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Capacity Utilization under Increasing Returns to Scale

Increasing returns, capital utilization, and the effects of government spending

We show that a one-sector real business cycle model with mild increasing returns-to-scale, variable capital utilization and saddle-path stability is able to produce qualitatively realistic business cycles driven solely by disturbances to government purchases. Due to an endogenous increase in labor productivity, a positive spending shock can lead to simultaneous increases in output, consumption,...

Returns to Venture Capital

The returns to private equity investment have become a vexed issue, attracting widespread debate in the media, government, and among researchers. Much of the attention has focused on later-stage buyout investments, but there is a general move towards greater transparency and disclosure of the returns to both early and late-stage venture capital (VC) investments. Shortcomings in the information ...

Returns to Capital and Informality

In this paper we analyze the pattern of returns to capital in formal and informal manufacturing sector in Ethiopia using a rich panel dataset of formal sector manufacturing firms for the period 1996-2006 and two rounds of repeated cross-sectional data from the urban informal sector firms. Returns to capital in the informal sector are higher than that of the formal sector potentially explaining ...