Keywords: Data errors
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Journal Articles
Critical Finance Review (2022) 11 (3-4): 541–592.
Published: 10 August 2022
... closer examination we find the diseconomies of scale at the industry level result is an artifact of data errors that comprise less than 0.05% of the sample—168 out of 332,516 observations—that occurred most often in the year 2000. We are unable to find industry level diseconomies of scale in the post...

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