The Measurement of Productive Efficiency and Productivity Growth


Book Description

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.




The Measurement of Productive Efficiency


Book Description

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.




Productive Efficiency


Book Description

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.




Measurement of Productivity and Efficiency


Book Description

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




The Measurement of Productive Efficiency


Book Description

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.




An Introduction to Efficiency and Productivity Analysis


Book Description

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.




Applications of Modern Production Theory


Book Description




The Productive Efficiency of Container Terminals


Book Description

This work applies the theory and techniques of economic efficiency measurement to the realistic context of the ports industry. The objective is to assess the practical impact of port privatization policies upon the economic performance of the sector. Specifically, this volume presents Korea’s port and terminal development plans and systematically analyses not only the process and results of privatisation, but also the claims of its proponents that it leads directly to improved efficiency. The Korean experience is given global relevance by applying the same approach to Britain’s main container ports and terminals which, of course, are at a more advanced stage in the privatisation process. This work constitutes a unique contribution to the literature relating to shipping and ports, econometrics and the Korean economy and will be of primary interest to port authorities and practitioners, as well as to students of economics and/or the shipping industry.




Product Quality, Productive Efficiency, and International Technology Diffusion


Book Description

In Colombia, Mexico, and Morocco, firms' past exposure to foreign knowledge through exports, imported imputs, and foreign direct investment does not help to predict current product quality or productive efficiency.