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The Measurement of Productive Efficiency

ebook

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 relativeto 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 heldon 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.


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Publisher: Oxford University Press

Kindle Book

  • Release date: February 27, 2007

OverDrive Read

  • ISBN: 9780195361100
  • Release date: February 27, 2007

PDF ebook

  • ISBN: 9780195361100
  • File size: 22146 KB
  • Release date: February 27, 2007

Formats

Kindle Book
OverDrive Read
PDF ebook
Kindle restrictions

subjects

Nonfiction

Languages

English

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 relativeto 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 heldon 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.


Expand title description text