Productivity and Efficiency Analysis [electronic resource] : An Economic Approach to Measuring and Explaining Managerial Performance /
O'Donnell, Christopher J.author.
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.
Chapter 1. Overview -- Chapter 2. Production Technologies -- Chapter 3. Measures of Productivity Change -- Chapter 4. Managerial Behaviour -- Chapter 5. Measures of Efficiency -- Chapter 6. Piecewise Frontier Analysis -- Chapter 7. Deterministic Frontier Analysis -- Chapter 8. Stochastic Frontier Analysis -- Chapter 9. Practical Considerations.
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.
Economic growth.
Econometrics.
Industrial organization.
Operations research.
Economic Growth.
Econometrics.
Industrial Organization.
Operations Research/Decision Theory.