Productivity Decomposition - Four Essays on the Measurement and Analysis of Firm Dynamics, Allocative Efficiency, and Productivity Growth

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (138 download)

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Book Synopsis Productivity Decomposition - Four Essays on the Measurement and Analysis of Firm Dynamics, Allocative Efficiency, and Productivity Growth by : Simon Bruhn

Download or read book Productivity Decomposition - Four Essays on the Measurement and Analysis of Firm Dynamics, Allocative Efficiency, and Productivity Growth written by Simon Bruhn and published by . This book was released on 2023* with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Measurement of Productive Efficiency and Productivity Growth

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Publisher : Oxford University Press
ISBN 13 : 0198040504
Total Pages : 653 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis The Measurement of Productive Efficiency and Productivity Growth by : Harold O. Fried

Download or read book The Measurement of Productive Efficiency and Productivity Growth written by Harold O. Fried and published by Oxford University Press. This book was released on 2008-02-04 with total page 653 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Advances in Efficiency and Productivity Analysis

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Publisher : Springer Nature
ISBN 13 : 3030471063
Total Pages : 371 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Advances in Efficiency and Productivity Analysis by : Christopher F. Parmeter

Download or read book Advances in Efficiency and Productivity Analysis written by Christopher F. Parmeter and published by Springer Nature. This book was released on 2020-10-21 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Dynamic Efficiency and Productivity Measurement

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Publisher : Oxford University Press
ISBN 13 : 0190919493
Total Pages : 249 pages
Book Rating : 4.1/5 (99 download)

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Book Synopsis Dynamic Efficiency and Productivity Measurement by : Elvira Silva

Download or read book Dynamic Efficiency and Productivity Measurement written by Elvira Silva and published by Oxford University Press. This book was released on 2020-11-03 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: A systematic treatment of dynamic decision making and performance measurement Modern business environments are dynamic. Yet, the models used to make decisions and quantify success within them are stuck in the past. In a world where demands, resources, and technology are interconnected and evolving, measures of efficiency need to reflect that environment. In Dynamic Efficiency and Productivity Measurement, Elvira Silva, Spiro E. Stefanou, and Alfons Oude Lansink look at the business process from a dynamic perspective. Their systematic study covers dynamic production environments where current production decisions impact future production possibilities. By considering practical factors like adjustments over time, this book offers an important lens for contemporary microeconomic analysis. Silva, Stefanou, and Lansink develop the analytical foundations of dynamic production technology in both primal and dual representations, with an emphasis on directional distance functions. They cover concepts measuring the production structure (economies of scale, economies of scope, capacity utilization) and performance (allocative, scale and technical inefficiency, productivity) in a methodological and comprehensive way. Through a unified approach, Dynamic Efficiency and Productivity Measurement offers a guide to how firms maximize potential in changing environments and an invaluable contribution to applied microeconomics.

Productivity and Efficiency Analysis

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Publisher : Springer
ISBN 13 : 3319232282
Total Pages : 333 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Productivity and Efficiency Analysis by : William H. Greene

Download or read book Productivity and Efficiency Analysis written by William H. Greene and published by Springer. This book was released on 2015-12-29 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Advances in Efficiency and Productivity II

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Publisher : Springer Nature
ISBN 13 : 3030416186
Total Pages : 266 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Advances in Efficiency and Productivity II by : Juan Aparicio

Download or read book Advances in Efficiency and Productivity II written by Juan Aparicio and published by Springer Nature. This book was released on 2020-07-20 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

An Introduction to Efficiency and Productivity Analysis

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Publisher : Springer Science & Business Media
ISBN 13 : 0387258957
Total Pages : 357 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis An Introduction to Efficiency and Productivity Analysis by : Timothy J. Coelli

Download or read book An Introduction to Efficiency and Productivity Analysis written by Timothy J. Coelli and published by Springer Science & Business Media. This book was released on 2005-12-06 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Essays on Productivity and Distortions

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (987 download)

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Book Synopsis Essays on Productivity and Distortions by : Kun Li

Download or read book Essays on Productivity and Distortions written by Kun Li and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: My dissertation uses theoretical tools and empirical methods to address substantive questions in the intersection of Macroeconomics and Industrial Organization. In particular, my research focuses on understanding the underlying forces that determine efficiency and distortions. In the first chapter, Privatization, Distortions, and Productivity, I ask that to what extent and through what channels privatization has contributed to the rapid growth of GDP and TFP in China's manufacturing sector. Privatization, like many other industrial policies, affects firms' output and productivity through a direct effect on productivity and an indirect effect on resource allocation. Understanding the consequences of privatization on both productivity and allocative efficiency is crucial for policy evaluation and subsequent reforms. To do so, I first develop a method to separately identify productivity and factor misallocations. This links to two distinct literatures. One is the macro literature on misallocation that use wedges or distortions to measure the deviation from firm's optimal scale. The other is the empirical IO literature to estimate production function using input and output, together with firm's optimal choices. I augment the empirical production function estimation framework by introducing wedges between marginal revenues and marginal costs as an additional unobserved variable that distorts the firms output away from their optimal input choices. And I show that how to identify and estimate productivity, distortions and parameters in production function. I then estimate the productivity and distortion effects of privatization. Finally I propose a decomposition method for aggregate productivity growth to explicitly account for the direct effect of privatization. Second, I discussed market frictions, specifically search and informational frictions that prevents efficient allocations in the labor markets. In Understanding Transitions using Directed Search with Mike Peters (UBC) and Steven Xu (HKU), we develop a directed search model to study worker transitions between jobs in the French labor market. In particular, the model we consider allows workers to have incomplete information about each other's' marketable characteristics (types) at the point where they make their search decisions. The theory provides a series of testable predictions about the relationship between the wage a worker receives at the job that he or she leaves, and the wage they get at their next job. The paper then uses data from the French DADS data set to study transitions in a variety of different labor markets in France in 2007, and compares these transitions to what is predicted by the theory. We find that the labor markets for skilled workers and industrial type of workers support more of our model. Third, I explore the return of productivity and distortions in scientific world. In Is Citation Behavior Biased? The Influence of Journal Editors with Bruno Biais (TSE) and Augustin Landier (TSE), we test the null hypothesis that the number of citations provides an unbiased measure of an article's scientific value. To do so, we exploit a shock that is exogenous to the scientific value of a paper, namely the ending time of editorial appointments of colleagues of a paper's author(s). We show that during the course of an editor's appointment, the citation rates of her papers in the journal she edits go up by 23 percentage points. During the same period, these articles don't have any significant citation premium at other journals. The citation premium fades away when the editor steps down. The same phenomenon applies to colleagues of the editor. This provides a counterexample to the null hypothesis that is both large in size and in the population of papers that is affected.

An Introduction to Efficiency and Productivity Analysis

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Publisher : Springer Science & Business Media
ISBN 13 : 1461554934
Total Pages : 278 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis An Introduction to Efficiency and Productivity Analysis by : Timothy J. Coelli

Download or read book An Introduction to Efficiency and Productivity Analysis written by Timothy J. Coelli and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Measurement of Productive Efficiency

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Publisher : Oxford University Press
ISBN 13 : 0195361105
Total Pages : 442 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis The Measurement of Productive Efficiency by : Harold O. Fried

Download or read book The Measurement of Productive Efficiency written by Harold O. Fried and published by Oxford University Press. This book was released on 1993-04-22 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Productivity

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Publisher : Springer Nature
ISBN 13 : 3030754480
Total Pages : 328 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Productivity by : Bert M. Balk

Download or read book Productivity written by Bert M. Balk and published by Springer Nature. This book was released on 2021-07-22 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops the theory of productivity measurement using the empirical index number approach. The theory uses multiplicative indices and additive indicators as measurement tools, instead of relying on the usual neo-classical assumptions, such as the existence of a production function characterized by constant returns to scale, optimizing behavior of the economic agents, and perfect foresight. The theory can be applied to all the common levels of aggregation (micro, meso, and macro), and half of the book is devoted to accounting for the links existing between the various levels. Basic insights from National Accounts are thereby used. The final chapter is devoted to the decomposition of productivity change into the contributions of efficiency change, technological change, scale effects, and input or output mix effects. Applications on real-life data demonstrate the empirical feasibility of the theory. The book is directed to a variety of overlapping audiences: statisticians involved in measuring productivity change; economists interested in growth accounting; researchers relating macro-economic productivity change to its industrial sources; enterprise micro-data researchers; and business analysts interested in performance measurement.

The Oxford Handbook of Productivity Analysis

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Publisher : Oxford University Press
ISBN 13 : 0190226730
Total Pages : 902 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis The Oxford Handbook of Productivity Analysis by : Emili Grifell-Tatjé

Download or read book The Oxford Handbook of Productivity Analysis written by Emili Grifell-Tatjé and published by Oxford University Press. This book was released on 2018-08-07 with total page 902 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

New Directions

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Publisher : Springer Science & Business Media
ISBN 13 : 9780387249636
Total Pages : 192 pages
Book Rating : 4.2/5 (496 download)

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Book Synopsis New Directions by : Rolf Färe

Download or read book New Directions written by Rolf Färe and published by Springer Science & Business Media. This book was released on 2005-05-04 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: The format of this monograph is three essays, which we arrived at after spending a year writing over one hundred pages of what we even tually realized was a tedious reworking of old material. So we started over determined to write something new. At first we thought this approach might not work as a coherent mono graph, which is why we chose the essay format rather than chapters. As it turns out, there is a common thread—namely the directional distance function, which also gave us our title. As you shall see, the directional distance function includes traditional distance functions and efficiency measures as special cases providing a unifying framework for existing productivity and efficiency measures. It is also flexible enough to open up new areas in productivity and efficiency analysis such as environmen tal and aggregation issues. That we did not see this earlier is humbling; a student at a recent conference raised his hand and asked 'Why didn't you start with the directional distance function in the first place? In deed. This manuscript is intended to make up for our earlier oversights. This monograph contains papers coauthored with Wen-Fu Lee and Osman Zaim and one paper written by two former students, Hiroyuki Fukuyama and Bill Weber. We thank them for their contributions. An other former student, Jim Logan (Logi) read and critiqued the manu script for which we are grateful.

New Developments in Productivity Analysis

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Publisher : University of Chicago Press
ISBN 13 : 0226360644
Total Pages : 648 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis New Developments in Productivity Analysis by : Charles R. Hulten

Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Productivity and Inequality

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Publisher : Springer
ISBN 13 : 331968678X
Total Pages : 339 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Productivity and Inequality by : William H. Greene

Download or read book Productivity and Inequality written by William H. Greene and published by Springer. This book was released on 2018-02-02 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume highlights the state-of-the-art knowledge (including data analysis) of productivity, inequality and efficiency analysis. It showcases a selection of the best papers from the 9th North American Productivity Workshop. These papers are relevant to academia, but also to public and private sectors in terms of the challenges that 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 volume also aims to bring together ideas from different parts of the world about the challenges those local economies and institutions may face when changes in productivity are observed. These contributions focus on theoretical and empirical research in areas including productivity, production theory and efficiency measurement in economics, management science, operation research, public administration, and education. The North American Productivity Workshop (NAPW) brings together academic scholars and practitioners in the field of productivity and efficiency analysis from all over the world, and this proceedings volume is a reflection of this mission. The papers in this volume also address general topics as education, health, energy, finance, agriculture, transport, utilities, and economic development, among others. The editors are comprised of the 2016 local organizers, program committee members, and celebrated guest conference speakers.

Advances in Efficiency and Productivity

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Publisher : Springer
ISBN 13 : 3319484613
Total Pages : 411 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Advances in Efficiency and Productivity by : Juan Aparicio

Download or read book Advances in Efficiency and Productivity written by Juan Aparicio and published by Springer. This book was released on 2016-12-23 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book grows from a conference on the state of the art and recent advances in Efficiency and Productivity. Papers were commissioned from leading researchers in the field, and include eight explorations into the analytical foundations of efficiency and productivity analysis. Chapters on modeling advances include reverse directional distance function, a new method for estimating technological production possibilities, a new distance function called a loss distance function, an analysis of productivity and price recovery indices, the relation of technical efficiency measures to productivity measures, the implications for benchmarking and target setting of imposing weight restrictions on DEA models, weight restrictions in a regulatory setting, and the Principle of Least Action. Chapters on empirical applications include a study of innovative firms that use innovation inputs to produce innovation outputs, a study of the impact of potential “coopetition” or cooperation among competitors on the financial performance of European automobile plants, using SFA to estimate the eco-efficiency of dairy farms in Spain, a DEA bankruptcy prediction model, a combined stochastic cost frontier analysis model/mixture hazard model, the evolution of energy intensity in nine Spanish manufacturing industries, and the productivity of US farmers as they age.

An Improved Productivity Decomposition Approach to Understand Firm Dynamics and Aggregate Growth

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis An Improved Productivity Decomposition Approach to Understand Firm Dynamics and Aggregate Growth by : Robert V. Breunig

Download or read book An Improved Productivity Decomposition Approach to Understand Firm Dynamics and Aggregate Growth written by Robert V. Breunig and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We propose a new decomposition method for analysing aggregate productivity changes. The main improvement in our proposed method is that we are clearly able to separate out pure productivity changes of a hypothetical average firm from changes in the share of output or value added between firms. Our measure solves an aggregation problem which arises in summing up firm-level contributions to aggregate productivity growth. It also allows for straightforward interpretation of the productivity contribution of entering and exiting firms.