Abstract
Abstract Since the writings of the classical economists, changes of technical practice due to upper bounds on the scale of the production process have been thought to be a major cause of decreasing productive efficiency as the output scale expands.’ However, it seems to have passed unnoticed that the change of practice and the decline in efficiency have two quite distinct causes: the contraction of the set of feasible technical practices as the output scale expands, and the substitution by producers of a less for a more ‘efficient’ practice.
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