Efficiency And Productivity Growth

Author : Harold O. Fried,C. A. Knox Lovell,Shelton S. Schmidt
Publisher : Oxford University Press
Page : 656 pages
File Size : 53,6 Mb
Release : 2008-02-04
Category : Business & Economics
ISBN : 0198040504

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

When Harold Fried, et al. published The Measurement of Productive Efficiency: Techniques and Applications with OUP in 1993, the book received a great deal of professional interest for its accessible treatment of the rapidly growing field of efficiency and productivity analysis. The first several chapters, providing the background, motivation, and theoretical foundations for this topic, were the most widely recognized. In this tight, direct update, these same editors have compiled over ten years of the most recent research in this changing field, and expanded on those seminal chapters. The book will guide readers from the basic models to the latest, cutting-edge extensions, and will be reinforced by references to classic and current theoretical and applied research. It is intended for professors and graduate students in a variety of fields, ranging from economics to agricultural economics, business administration, management science, and public administration. It should also appeal to public servants and policy makers engaged in business performance analysis or regulation.

Author : Harold O. Fried,Shelton S. Schmidt,C. A. Knox Lovell
Publisher : Oxford University Press
Page : 442 pages
File Size : 46,9 Mb
Release : 1993-04-22
Category : Business & Economics
ISBN : 9780195361100

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

This work focuses on measuring and explaining producer performance. The authors view performance as a function of the state of technology and economic efficiency, with the former defining a frontier relation between inputs and outputs; the former incorporating waste and misallocation relative to this frontier. They show that insights can be gained by allowing for the possibility of a divergence between the economic objective and actual performance, and by associating this inefficiency with causal variables subject to managerial or policy influence. Derived from a series of lectures held on techniques and applications of the three approaches to the construction of production frontiers and measure of efficiency, this work will be an essential reference to scholars of a variety of disciplines who are involved with quantitative methods or policy.

Author : OECD
Publisher : OECD Publishing
Page : 120 pages
File Size : 53,5 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 : Christopher F. Parmeter,Robin C. Sickles
Publisher : Springer Nature
Page : 371 pages
File Size : 51,9 Mb
Release : 2020-10-21
Category : Business & Economics
ISBN : 9783030471064

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Advances in Efficiency and Productivity Analysis by Christopher F. Parmeter,Robin C. Sickles Pdf

The volume examines the state-of-the-art of productivity and efficiency analysis. It brings together a selection of the best papers from the 10th North American Productivity Workshop. By analyzing world-wide perspectives on challenges that local economies and institutions may face when changes in productivity are observed, readers can quickly assess the impact of 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. The contributions in this volume focus on the theory and application of economics, econometrics, statistics, management science and operational research related to problems in the areas of productivity and efficiency measurement. Popular techniques and methodologies including stochastic frontier analysis and data envelopment analysis are represented. Chapters also cover broader issues related to measuring, understanding, incentivizing and improving the productivity and performance of firms, public services, and industries.

Author : William H. Greene,Lynda Khalaf,Robin Sickles,Michael Veall,Marcel-Cristian Voia
Publisher : Springer
Page : 331 pages
File Size : 49,7 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 : Vaishali Mamgain
Publisher : Routledge
Page : 162 pages
File Size : 54,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781136535758

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Productivity Growth in Developing Countries by Vaishali Mamgain Pdf

This work combines an empirical analysis of productive efficiency change in Newly Industrializing Countries with a theoretical growth model that explores the implications of improvements in productive efficiency on the growth rate of an economy.

Author : Alistair Dieppe
Publisher : World Bank Publications
Page : 552 pages
File Size : 47,8 Mb
Release : 2021-06-09
Category : Business & Economics
ISBN : 9781464816093

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Global Productivity by Alistair Dieppe Pdf

The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Author : Rolf Färe,Shawna Grosskopf,Daniel Primont
Publisher : Springer Science & Business Media
Page : 168 pages
File Size : 52,5 Mb
Release : 2010-06-02
Category : Business & Economics
ISBN : 9780387476773

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Aggregation, Efficiency, and Measurement by Rolf Färe,Shawna Grosskopf,Daniel Primont Pdf

This volume brings together leading scholars to make connections between efficiency and a number of diverse areas of current interest to economists. Included are new results concerning aggregation of technical efficiency, sources of productivity growth in U.S. manufacturing, intellectual property rights, and the determinants of successful mergers.

Author : Elvira Silva,Spiro E. Stefanou,Alfons Oude Lansink
Publisher : Oxford University Press, USA
Page : 249 pages
File Size : 50,7 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 : Juan Aparicio,C. A. Knox Lovell,Jesus T. Pastor,Joe Zhu
Publisher : Springer Nature
Page : 266 pages
File Size : 41,8 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 : Jeong-Dong Lee,Almas Heshmati
Publisher : Physica
Page : 339 pages
File Size : 40,6 Mb
Release : 2009-08-29
Category : Business & Economics
ISBN : 3790823198

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Productivity, Efficiency, and Economic Growth in the Asia-Pacific Region by Jeong-Dong Lee,Almas Heshmati Pdf

Productivity growth is a keyword for sustainable economic growth in a knowledge-based society. There has been significant methodological development in the literature on productivity and efficiency analysis, e.g. SFA (Stochastic Frontier Analysis) and DEA (Data Envelopment Analysis). All these methodological developments should be matched with applications in order to provide practical implications for private and public decision-makers. This volume provides a collection of up-to-date and new applications of productivity and efficiency analysis. In particular, the case studies cover various economic issues in the Asia-Pacific region. The authors analyze the performance of manufacturing firms, banks, venture capital, broadcasting firms, as well as the issues of efficiency in the education sector, regional development, and defense industry. These case studies will shed light on the potential contribution of productivity and efficiency analysis to the enhancement of economic performance.

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
Page : 273 pages
File Size : 52,5 Mb
Release : 2024-02-04
Category : Business & Economics
ISBN : PKEY:6610000521432

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Productive Efficiency by Fouad Sabry Pdf

What is Productive Efficiency According to the theory of microeconomics, productive efficiency refers to a situation in which the economy or an economic system that is operating within the restrictions of the current industrial technology is unable to expand production of one good without sacrificing production of another good. In layman's words, the idea is depicted on a production possibility frontier (PPF), which is a curve in which every point on the curve represents a point of productive efficiency. There is a possibility that an equilibrium could be productively efficient without also being allocatively efficient. This means that it could lead to a distribution of products that does not maximize the welfare of the community. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Productive efficiency Chapter 2: Microeconomics Chapter 3: Growth accounting Chapter 4: Economic efficiency Chapter 5: Profit maximization Chapter 6: Efficiency Chapter 7: X-inefficiency Chapter 8: Production-possibility frontier Chapter 9: Production function Chapter 10: Productivity Chapter 11: Welfare economics Chapter 12: Allocative efficiency Chapter 13: Data envelopment analysis Chapter 14: Returns to scale Chapter 15: Total factor productivity Chapter 16: Stochastic frontier analysis Chapter 17: Production (economics) Chapter 18: Productivity model Chapter 19: Marginal product Chapter 20: Michael James Farrell Chapter 21: Robin Sickles (II) Answering the public top questions about productive efficiency. (III) Real world examples for the usage of productive efficiency in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Productive Efficiency.

Author : Robin C. Sickles,Valentin Zelenyuk
Publisher : Cambridge University Press
Page : 631 pages
File Size : 49,5 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 : Christopher J. O'Donnell
Publisher : Springer
Page : 418 pages
File Size : 52,8 Mb
Release : 2018-12-12
Category : Business & Economics
ISBN : 9789811329845

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Productivity and Efficiency Analysis by Christopher J. O'Donnell Pdf

This book provides a coherent description of the main concepts and statistical methods used to analyse economic performance. The focus is on measures of performance that are of practical relevance to policy makers. Most, if not all, of these measures can be viewed as measures of productivity and/or efficiency. Linking fields as diverse as index number theory, data envelopment analysis and stochastic frontier analysis, the book explains how to compute measures of input and output quantity change that are consistent with measurement theory. It then discusses ways in which meaningful measures of productivity change can be decomposed into measures of technical progress, environmental change, and different types of efficiency change. The book is aimed at graduate students, researchers, statisticians, accountants and economists working in universities, regulatory authorities, government departments and private firms. The book contains many numerical examples. Computer codes and datasets are available on a companion website.

Author : Ali Dogramaci,Rolf Färe
Publisher : Springer Science & Business Media
Page : 278 pages
File Size : 41,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400932531

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Applications of Modern Production Theory by Ali Dogramaci,Rolf Färe Pdf