Mykolas Navickas, Vytautas Juščius and Valentinas Navickas
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Yaroslav I. Vyklyuk, Valeriy K. Yevdokymenko and Ihor V. Yaskal
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Jesús Manuel de Sancha Navarro, Luis Palma Martos and María Dolores Oliver-Alfonso
Taking into account that one of the major handicaps when undertaken in the cultural sector is the problem of cost and demand volatility, this paper aims to implement a viability plan for the entrepreneurship of a lyric theatre low-cost company, dedicated to Zarzuela performance, a type of Spanish music like Opera. Firstly, the cultural sector data are analysed in terms of supply and demand and secondly a viability plan is carried out for three years. According to the results it is concluded that this type of venture is very risky if you do not have grant or other financial resources, due to the variability of demand and the increase in unit costs as the artistic performance has a fixed production technology that cannot absorb the technical progress of the rest of the economy.
Kamran Mahmodpour, Mohammad N. Shahiki Tash and Mohammad Hassan Fotros
This paper investigates, using a multi-product paradigm, the market structure of the Iranian banking sector to evaluate the role of scale. In so doing, we checked for economies of scope by multi-product cost function as well as the impact of potential economies on the banking sector structure including 18 banks during the period 2008–2014. The changes in Panzar-Rosse H-Statistic as a result of the variety in products reflect changes in the monopolistic power. The results show that an increase in the variety of offered products increases banks’ monopolistic power.
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Roger Alejandro Banegas Rivero, Marco Alberto Núñez Ramírez and Sacnicté Valdez del Ríoe
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