The Economics of Multiplant Operation
An International Comparisons Study
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Economics of Multiplant Operation by F. M. Scherer
Book DescriptionWhy should manufacturing firms in many national industries maintain multiple small scale plants when they might produce the same output at a lower unit cost in a single large establishment? What specific benefits are attained through the operation of multiple plants? To address these questions, the authors conducted 125 in-depth interviews with businessmen actively involved in plant size and multi-plant operating decisions. They investigated the experience of twelve industries in six countries (West Germany, France, the United Kingdom, Sweden, Canada, and the United States).The authors develop an economic theory of plant size and multi-plant decisions and apply it to analyze the statistical and qualitative evidence on factors affecting plant size choices. They then examine the extent of multi-plant operation, its statistical correlate, and the economy actually or potentially realizable from various modes of multi-plant operation. Implications are drawn from antitrust and foreign trade policy, the evolution of scientific business management, and the development of industrial organization knowledge.
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Book DetailsISBN: 9780674233409
(250mm x 200mm x 31mm)
Imprint: Harvard University Press
Publisher: Harvard University Press
Publish Date: 1-Jul-1975
Country of Publication: United States
Books By Author F. M. Scherer
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Two hundred years ago, the first Industrial Revolution sparked a dramatic acceleration in the quantity of goods and services available to the average citizen--a trend of steadily increasing real income per capita that continues to this day.
Industry Structure, Strategy and Public Policy, Paperback (January 1997)» View all books by F. M. Scherer
Designed to serve either as a core text or as a supplementary case book, this work examines issues in industrial organization.
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