WILLIAMS COLLEGE. CENTER FOR DEVELOPMENT ECONOMICS
Size of firm and efficiency in Colombian manufacturing
One of the areas of controversy among policy makers in the less developed countries is whether large scale manufacturing enterprises are socially more efficient than small and medium size establishments.
Todd, J. E. · 1970
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Abstract
The purpose of this paper is to show that, in Colombian manufacturing, small- and medium-size establishments generate more output per unit of scarce resources than large establishments. A shift in the composition of manufacturing output by size of firm is apparently not precluded by serious sectoral or regional bottlenecks.
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