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Showing 1 to 1 of 1 for “"Survivorship Principle"”.
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Economies of Scale in International Liner Shipping and Ongoing Industry Consolidation: an Application of Stigler's Survivorship Principle
… scale advantages exist, George Stigler's "Survivorship Principle" is used with current data in three phases. All three phases of the study show that increasing returns to scale are present. In each application of the survivorship test, small and medium sized firms experienced significant …