The Measurement of Productive Efficiency and Productivity Growth

The Measurement of Productive Efficiency and Productivity Growth PDF

Author: Harold O. Fried

Publisher: Oxford University Press

Published: 2008-02-04

Total Pages: 653

ISBN-13: 0198040504

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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

The Measurement of Productive Efficiency PDF

Author: Harold O. Fried

Publisher: Oxford University Press

Published: 1993-04-22

Total Pages: 442

ISBN-13: 0195361105

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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

Productive Efficiency PDF

Author: Fouad Sabry

Publisher: One Billion Knowledgeable

Published: 2024-02-04

Total Pages: 273

ISBN-13:

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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.

An Introduction to Efficiency and Productivity Analysis

An Introduction to Efficiency and Productivity Analysis PDF

Author: Timothy J. Coelli

Publisher: Springer Science & Business Media

Published: 2005-07-22

Total Pages: 376

ISBN-13: 9780387242651

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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.

The Measurement of Productive Efficiency

The Measurement of Productive Efficiency PDF

Author: Harold O. Fried

Publisher:

Published: 2023

Total Pages: 0

ISBN-13: 9780197710401

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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.

Dynamic Efficiency and Productivity Measurement

Dynamic Efficiency and Productivity Measurement PDF

Author: Elvira Silva

Publisher: Oxford University Press, USA

Published: 2020

Total Pages: 249

ISBN-13: 0190919477

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"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"--

Productivity

Productivity PDF

Author: Fouad Sabry

Publisher: One Billion Knowledgeable

Published: 2024-02-04

Total Pages: 253

ISBN-13:

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What is Productivity Productivity can be defined as the efficiency with which commodities or services are produced or provided, as measured by some metric. often, the ratio of an aggregate output to a single input or an aggregate input utilized in a production process is the most common way to represent productivity measurements. This ratio is expressed as output per unit of input, and it is often expressed over a predetermined amount of time. The most typical illustration is the measure of (aggregate) labor productivity, which includes the gross domestic product (GDP) per worker as an example. The decision between the various definitions of productivity is determined by the objective of the productivity measurement as well as the availability of data. There are many distinct definitions of productivity. The most important factor that contributes to the disparity between the various measures of productivity is typically associated with the manner in which the outputs and the inputs are combined in order to arrive at a ratio-based measure of productivity. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Productivity Chapter 2: Gross domestic product Chapter 3: Growth accounting Chapter 4: Agricultural productivity Chapter 5: Capital intensity Chapter 6: Efficiency Chapter 7: Production function Chapter 8: Diminishing returns Chapter 9: Returns to scale Chapter 10: Solow residual Chapter 11: Total factor productivity Chapter 12: Productivity paradox Chapter 13: Compensation of employees Chapter 14: Productive efficiency Chapter 15: Labor share Chapter 16: Workforce productivity Chapter 17: Domar aggregation Chapter 18: Gross value added Chapter 19: Production (economics) Chapter 20: Productivity model Chapter 21: Profit (accounting) (II) Answering the public top questions about productivity. (III) Real world examples for the usage of productivity 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 Productivity.