Dynamic Efficiency And Productivity Measurement

Author : Elvira Silva,Spiro E. Stefanou,Alfons Oude Lansink
Publisher : Oxford University Press, USA
Page : 249 pages
File Size : 50,8 Mb
Release : 2020
Category : Business & Economics
ISBN : 9780190919474

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Dynamic Efficiency and Productivity Measurement by Elvira Silva,Spiro E. Stefanou,Alfons Oude Lansink Pdf

"The book takes on a systematic treatment of dynamic decision making and performance measurement. The analytical foundations of the dynamic production technology are introduced and developed in detail for several primal representations of the technology with an emphasis on dynamic directional distance functions. Dynamic cost minimization and dynamic profit maximization are developed for primal and dual representations of the dynamic technology. A dynamic production environment can be characterized as one where current production decisions impact future production possibilities. Consequently, the dynamic perspective of production relationships necessarily involves the close interplay between stock and flow elements in the transformation process, and how current decisions impact the changes in future stocks. Stock elements in the production transformation process can involve physical elements that can be effectively employed in the transformation process that can include the stock of technical knowledge and expertise available to the decision maker during the decision period. The dynamic generalization of concepts measuring the production structure (e.g., economies of scale, economies of scope, capacity utilization) and performance (e.g., allocative, scale and technical inefficiency, productivity) are developed from primal and dual perspectives"--

Author : Robin C. Sickles,Valentin Zelenyuk
Publisher : Cambridge University Press
Page : 631 pages
File Size : 55,6 Mb
Release : 2019-03-28
Category : Business & Economics
ISBN : 9781107036161

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Measurement of Productivity and Efficiency by Robin C. Sickles,Valentin Zelenyuk Pdf

Provides a comprehensive approach to productivity and efficiency analysis using economic and econometric theory.

Author : Timothy J. Coelli,Dodla Sai Prasada Rao,George Edward Battese
Publisher : Springer Science & Business Media
Page : 278 pages
File Size : 46,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461554936

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An Introduction to Efficiency and Productivity Analysis by Timothy J. Coelli,Dodla Sai Prasada Rao,George Edward Battese Pdf

An Introduction to Efficiency and Productivity Analysis is designed as a primer for anyone seeking an authoritative introduction to efficiency and productivity analysis. It is a systematic treatment of four relatively new methodologies in Efficiency/Production Analysis: (a) Least-Squares Econometric Production Models, (b) Total Factor Productivity (TFP) Indices, (c) Data Envelopment Analysis (DEA), and (d) Stochastic Frontiers. Each method is discussed thoroughly. First, the basic elements of each method are discussed using models to illustrate the method's fundamentals, and, second, the discussion is expanded to treat the extensions and varieties of each method's uses. Finally, one or more case studies are provided as a full illustration of how each methodology can be used. In addition, all four methodologies will be linked in the book's presentation by examining the advantages and disadvantages of each method and the problems to which each method can be most suitably applied. The book offers the first unified text presentation of methods that will be of use to students, researchers and practitioners who work in the growing area of Efficiency/Productivity Analysis. The book also provides detailed advice on computer programs which can be used to calculate the various measures. This involves a number of presentations of computer instructions and output listings for the SHAZAM, TFPIP, DEAP and FRONTIER computer programs.

Author : Emili Grifell-Tatjé,C.A. Knox Lovell,Robin C. Sickles
Publisher : Oxford University Press
Page : 656 pages
File Size : 47,9 Mb
Release : 2018-08-07
Category : Business & Economics
ISBN : 9780190226732

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The Oxford Handbook of Productivity Analysis by Emili Grifell-Tatjé,C.A. Knox Lovell,Robin C. Sickles Pdf

Productivity underpins business success and national well-being and thus it is crucial to understand the factors that influence productivity growth. This volume provides a comprehensive exploration into the significance of productivity growth for business, the economy, and for social economic progress. It examines how productivity is defined, measured and implemented. It also surveys the dispersion of productivity across time and place, focusing on the productivity dynamics that either leads to a reallocation of resources that reduces dispersion and increases aggregate productivity or, conversely, allows dispersion to persist behind barriers to productivity-enhancing reallocation. A third focus is an investigation of the drivers of, or impediments to, productivity growth, some of which are organizational in nature and under management control and others of which are institutional in nature and subject to public policy intervention. The Oxford Handbook of Productivity Analysis contains contributions of distinguished productivity experts from around the world who analyze a wide range of timely issues. These issues concern purely analytical topics surrounding the measurement of productivity in various situations, beginning with the ideal situation in which all inputs and all outputs, and their prices, are observed accurately. They also include service sectors such as education in which the services provided are hard to define, much less measure, and other sectors that generate undesirable environmental externalities that are difficult to price and complicate the very definition of productivity. The issues also involve business management topics ranging from the role of business models and benchmarking to the quality of management practices, the adoption of new technologies, and possible complementarities between the two. The relationship between productivity and business performance is also explored. At a more aggregate level the issues range from the impacts of market power, incentive regulation, international trade and global value chains on productivity, to the contribution of productivity to economic development and economic welfare.

Author : Rolf Färe,Shawna Grosskopf,C.A. Knox Lovell
Publisher : Springer Science & Business Media
Page : 230 pages
File Size : 42,8 Mb
Release : 1985-04-30
Category : Business & Economics
ISBN : 089838155X

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The Measurement of Efficiency of Production by Rolf Färe,Shawna Grosskopf,C.A. Knox Lovell Pdf

Author : William H. Greene,Lynda Khalaf,Robin Sickles,Michael Veall,Marcel-Cristian Voia
Publisher : Springer
Page : 331 pages
File Size : 48,6 Mb
Release : 2015-12-29
Category : Business & Economics
ISBN : 9783319232287

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Productivity and Efficiency Analysis by William H. Greene,Lynda Khalaf,Robin Sickles,Michael Veall,Marcel-Cristian Voia Pdf

This proceedings volume examines the state-of-the art of productivity and efficiency analysis and adds to the existing research by bringing together a selection of the best papers from the 8th North American Productivity Workshop (NAPW). It also aims to analyze world-wide perspectives on challenges that local economies and institutions may face when changes in productivity are observed. The volume comprises of seventeen papers that deal with productivity measurement, productivity growth, dynamics of productivity change, measures of labor productivity, measures of technical efficiency in different sectors, frontier analysis, measures of performance, industry instability and spillover effects. These papers are relevant to academia, but also to public and private sectors in terms of the challenges firms, financial institutions, governments and individuals may face when dealing with economic and education related activities that lead to increase or decrease of productivity. The North American Productivity Workshop brings together academic scholars and practitioners in the field of productivity and efficiency analysis from all over the world. It is a four day conference exploring topics related to productivity, production theory and efficiency measurement in economics, management science, operations research, public administration, and related fields. The papers in this volume also address general topics as health, energy, finance, agriculture, utilities, and economic dev elopment, among others. The editors are comprised of the 2014 local organizers, program committee members, and celebrated guest conference speakers.

Author : Timothy J. Coelli,Dodla Sai Prasada Rao,Christopher J. O'Donnell,George Edward Battese
Publisher : Springer Science & Business Media
Page : 376 pages
File Size : 49,8 Mb
Release : 2005-07-22
Category : Business & Economics
ISBN : 0387242651

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An Introduction to Efficiency and Productivity Analysis by Timothy J. Coelli,Dodla Sai Prasada Rao,Christopher J. O'Donnell,George Edward Battese Pdf

Softcover version of the second edition Hardcover. Incorporates a new author, Dr. Chris O'Donnell, who brings considerable expertise to the project in the area of performance measurement. Numerous topics are being added and more applications using real data, as well as exercises at the end of the chapters. Data sets, computer codes and software will be available for download from the web to accompany the volume.

Author : Emili Grifell-Tatjé,C.A. Knox Lovell,Robin C. Sickles
Publisher : Oxford University Press
Page : 656 pages
File Size : 42,5 Mb
Release : 2018-08-07
Category : Business & Economics
ISBN : 9780190226725

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The Oxford Handbook of Productivity Analysis by Emili Grifell-Tatjé,C.A. Knox Lovell,Robin C. Sickles Pdf

Productivity underpins business success and national well-being and thus it is crucial to understand the factors that influence productivity growth. This volume provides a comprehensive exploration into the significance of productivity growth for business, the economy, and for social economic progress. It examines how productivity is defined, measured and implemented. It also surveys the dispersion of productivity across time and place, focusing on the productivity dynamics that either leads to a reallocation of resources that reduces dispersion and increases aggregate productivity or, conversely, allows dispersion to persist behind barriers to productivity-enhancing reallocation. A third focus is an investigation of the drivers of, or impediments to, productivity growth, some of which are organizational in nature and under management control and others of which are institutional in nature and subject to public policy intervention. The Oxford Handbook of Productivity Analysis contains contributions of distinguished productivity experts from around the world who analyze a wide range of timely issues. These issues concern purely analytical topics surrounding the measurement of productivity in various situations, beginning with the ideal situation in which all inputs and all outputs, and their prices, are observed accurately. They also include service sectors such as education in which the services provided are hard to define, much less measure, and other sectors that generate undesirable environmental externalities that are difficult to price and complicate the very definition of productivity. The issues also involve business management topics ranging from the role of business models and benchmarking to the quality of management practices, the adoption of new technologies, and possible complementarities between the two. The relationship between productivity and business performance is also explored. At a more aggregate level the issues range from the impacts of market power, incentive regulation, international trade and global value chains on productivity, to the contribution of productivity to economic development and economic welfare.

Author : Juan Aparicio,C. A. Knox Lovell,Jesus T. Pastor,Joe Zhu
Publisher : Springer Nature
Page : 266 pages
File Size : 50,8 Mb
Release : 2020-07-20
Category : Business & Economics
ISBN : 9783030416188

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Advances in Efficiency and Productivity II by Juan Aparicio,C. A. Knox Lovell,Jesus T. Pastor,Joe Zhu Pdf

This book surveys the state-of-the-art in efficiency and productivity analysis, examining advances in the analytical foundations and empirical applications. The analytical techniques developed in this book for efficiency provide alternative ways of defining optimum outcome sets, typically as a (technical) production frontier or as an (economic) cost, revenue or profit frontier, and alternative ways of measuring efficiency relative to an appropriate frontier. Simultaneously, the analytical techniques developed for efficiency analysis extend directly to productivity analysis, thereby providing alternative methods for estimating productivity levels, and productivity change through time or productivity variation across producers. This book includes chapters using data envelopment analysis (DEA) or stochastic frontier analysis (SFA) as quantitative techniques capable of measuring efficiency and productivity. Across the book’s 15 chapters, it broadly extends into popular application areas including agriculture, banking and finance, and municipal performance, and relatively new application areas including corporate social responsibility, the value of intangible assets, land consolidation, and the measurement of economic well-being. The chapters also cover topics such as permutation tests for production frontier shifts, new indices of total factor productivity, and also randomized controlled trials and production frontiers.

Author : Harold O. Fried,C. A. Knox Lovell,Shelton S. Schmidt
Publisher : Unknown
Page : 0 pages
File Size : 54,8 Mb
Release : 2023
Category : Industrial efficiency
ISBN : 0197710409

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The Measurement of Productive Efficiency by Harold O. Fried,C. A. Knox Lovell,Shelton S. Schmidt Pdf

This work focuses on the measurement and explanation of producer performance. The contributors view performance as a function of the state of technology and economic efficiency. They explore ways to construct production frontiers and levels of efficiency.

Author : Subhash C. Ray,Robert G. Chambers,Subal C. Kumbhakar
Publisher : Springer Nature
Page : 1797 pages
File Size : 48,7 Mb
Release : 2022-06-02
Category : Business & Economics
ISBN : 9789811034558

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Handbook of Production Economics by Subhash C. Ray,Robert G. Chambers,Subal C. Kumbhakar Pdf

This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.

Author : Charles R. Hulten,Edwin R. Dean,Michael Harper
Publisher : University of Chicago Press
Page : 648 pages
File Size : 46,5 Mb
Release : 2007-11-01
Category : Medical
ISBN : 9780226360645

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New Developments in Productivity Analysis by Charles R. Hulten,Edwin R. Dean,Michael Harper Pdf

The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.

Author : Pedro Macedo,Victor Moutinho,Mara Madaleno
Publisher : Springer Nature
Page : 267 pages
File Size : 46,9 Mb
Release : 2023-06-21
Category : Business & Economics
ISBN : 9783031295836

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Advanced Mathematical Methods for Economic Efficiency Analysis by Pedro Macedo,Victor Moutinho,Mara Madaleno Pdf

Economic efficiency analysis has received considerable worldwide attention in the last few decades, with Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA) establishing themselves as the two dominant approaches in the literature. This book, by combining cutting-edge theoretical research on DEA and SFA with attractive real-world applications, offers a valuable asset for professors, students, researchers, and professionals working in all branches of economic efficiency analysis, as well as those concerned with the corresponding economic policies. The book is divided into three parts, the first of which is devoted to basic concepts, making the content self-contained. The second is devoted to DEA, and the third to SFA. The topics covered in Part 2 range from stochastic DEA to multidirectional dynamic inefficiency analysis, including directional distance functions, the elimination and choice translating algorithm, benefit-of-the-doubt composite indicators, and internal benchmarking for efficiency evaluations. Part 3 also includes exciting and cutting-edge theoretical research on e.g. robustness, nonparametric stochastic frontier models, hierarchical panel data models, and estimation methods like corrected ordinary least squares and maximum entropy.

Author : OECD
Publisher : OECD Publishing
Page : 120 pages
File Size : 49,9 Mb
Release : 2015-12-11
Category : Electronic
ISBN : 9789264248533

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The Future of Productivity by OECD Pdf

This book addresses the rising productivity gap between the global frontier and other firms, and identifies a number of structural impediments constraining business start-ups, knowledge diffusion and resource allocation (such as barriers to up-scaling and relatively high rates of skill mismatch).

Author : Nabil R. Adam,Ali Dogramaci
Publisher : Springer Science & Business Media
Page : 185 pages
File Size : 54,8 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400981263

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Productivity Analysis at the Organizational Level by Nabil R. Adam,Ali Dogramaci Pdf

1 Nabil R. Adam and Ali Dogramaci Measuring, analyzing, and improving productivity in a given organization is a complex process that involves the contributions of economists, industrial engineers, operations researchers, management scientists, and lawyers. The objective of this book is to provide the reader with a sample of original papers that relate to these productivity topics at the organizational level. In the book, the word organization refers to business firms and municipal organizations. The hook is divided into three parts: perspectives on productivity mea surement, a range of studies at the micro level, and some productivity issues in public organizations. Part I, which consists of three chapters, deals with productivity measurement. The first two chapters of this part cover a broad framework of measurement concepts and techniques; the last chapter, on the other hand, provides the reader with an example of productivity measurement for a specific industry (in this case, food retail ing). Thus, a spectrum of productivity measurement issues is covered in this part of the book.