What does VRS stand for?

Variable Returns to Scale

This definition appears very rarely and is found in the following Acronym Finder categories:

Information technology (IT) and computers

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Samples in periodicals archive:

18) Under variable returns to scale, TFP growth is calculated as the residual plus the scale effect.

The UNIDO World Productivity Database: an overview

The theory of tariffs under variable returns to scale and inter-industrial externalities.

Increasing returns, the choice of technology, and the gains from trade

Decomposition requires the calculation of distance functions under variable returns to scale (VRS) (rather than CRS) by solving two additional LP problems, simply adding the convexity restriction [K.

Firm size and productivity: the case of REITs

Finally, Chao, Hwang and Yu [3; 4] examine the welfare effects of import quotas under variable returns to scale.

The effects of import quotas on national welfare: does money matter?

1) Recently, Chao, Hwang and Yu |4~ have examined the welfare impacts of quotas under variable returns to scale (VRS) for a small home economy.

Effects of quotas under variable returns to scale: the large country ...

Introduction Recently, Beladi [1] explored the question of gains from trade in the presence of urban unemployment and variable returns to scale (hereafter VRS).

Variable returns to scale, urban unemployment and welfare: comment

The first is to acknowledge that Yabuuchi correctly demands that analysis of variable returns to scale requires taking the derivative of [g.

Variable returns to scale, urban unemployment and welfare: reply