A Microeconomic Approach to the Measurement of Economic Performance: Productivity Growth, Capacity Utilization, and Related Performance Indicators (Bilkent University Lecture Series)

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This text is designed to provide a comprehensive guide to students, researchers, or consultants who wish to carry out and to interpret analyses of economic performance, with an emphasis on productivity growth. The text includes an overview of standard productivity growth measurement techniques and adaptations, and data construc­ tion procedures. It goes further, however, by expanding the tradition­ al growth accounting (index number) framework to allow consider­ ation of how different aspects of firm behavior underlying productivity growth are interrelated, how they can be measured con­ sistently in a parametric model, and how they permit a well-defined decomposition of standard productivity growth measures. These ideas are developed by considering in detail a number of underlying theoretical results and econometric issues. The impacts of various production characteristics on productivity growth trends are also evaluated by overviewing selected methodological extensions and em­ pirical evidence. More specifically, in the methodological extensions, emphasis is placed on incorporation of cost and demand characteristics, such as fixity and adjustment costs, returns to scale, and the existence of market power, into analyses of productivity growth. These character­ istics, generally disregarded in such analyses, can have very important impacts on production structure and firm behavior, and thus on economic performance. They also provide the conceptual basis for vii viii PREFACE measures that are often used independently as indicators of economic performance, such as investment, capacity utilization, and profit measures.

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9780387979076: A Microeconomic Approach to the Measurement of Economic Performance: Productivity Growth, Capacity Utilization, and Related Performance Indicators (Bilkent University Lecture Series)

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ISBN 10:  0387979077 ISBN 13:  9780387979076
Publisher: Springer, 1992
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9783540979074: A Microeconomic Approach to the Measurement of Economic Performance: Productivity Growth, Capacity Utilization and Related Performance Indicators (Bilkent University Lecture)

Spring..., 1993
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9781461397618: A Microeconomic Approach to the Measurement of Economic Performance: Productivity Growth, Capacity Utilization, and Related Performance Indicators

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Book Description Springer-Verlag New York Inc., United States, 2011. Paperback. Condition: New. Language: English. Brand new Book. This text is designed to provide a comprehensive guide to students, researchers, or consultants who wish to carry out and to interpret analyses of economic performance, with an emphasis on productivity growth. The text includes an overview of standard productivity growth measurement techniques and adaptations, and data construc- tion procedures. It goes further, however, by expanding the tradition- al growth accounting (index number) framework to allow consider- ation of how different aspects of firm behavior underlying productivity growth are interrelated, how they can be measured con- sistently in a parametric model, and how they permit a well-defined decomposition of standard productivity growth measures. These ideas are developed by considering in detail a number of underlying theoretical results and econometric issues. The impacts of various production characteristics on productivity growth trends are also evaluated by overviewing selected methodological extensions and em- pirical evidence. More specifically, in the methodological extensions, emphasis is placed on incorporation of cost and demand characteristics, such as fixity and adjustment costs, returns to scale, and the existence of market power, into analyses of productivity growth. These character- istics, generally disregarded in such analyses, can have very important impacts on production structure and firm behavior, and thus on economic performance. They also provide the conceptual basis for vii viii PREFACE measures that are often used independently as indicators of economic performance, such as investment, capacity utilization, and profit measures. Softcover reprint of the original 1st ed. 1993. Seller Inventory # KNV9781461397625

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Book Description Springer-Verlag New York Inc., United States, 2011. Paperback. Condition: New. Language: English. Brand new Book. This text is designed to provide a comprehensive guide to students, researchers, or consultants who wish to carry out and to interpret analyses of economic performance, with an emphasis on productivity growth. The text includes an overview of standard productivity growth measurement techniques and adaptations, and data construc- tion procedures. It goes further, however, by expanding the tradition- al growth accounting (index number) framework to allow consider- ation of how different aspects of firm behavior underlying productivity growth are interrelated, how they can be measured con- sistently in a parametric model, and how they permit a well-defined decomposition of standard productivity growth measures. These ideas are developed by considering in detail a number of underlying theoretical results and econometric issues. The impacts of various production characteristics on productivity growth trends are also evaluated by overviewing selected methodological extensions and em- pirical evidence. More specifically, in the methodological extensions, emphasis is placed on incorporation of cost and demand characteristics, such as fixity and adjustment costs, returns to scale, and the existence of market power, into analyses of productivity growth. These character- istics, generally disregarded in such analyses, can have very important impacts on production structure and firm behavior, and thus on economic performance. They also provide the conceptual basis for vii viii PREFACE measures that are often used independently as indicators of economic performance, such as investment, capacity utilization, and profit measures. Softcover reprint of the original 1st ed. 1993. Seller Inventory # LIE9781461397625

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Book Description Springer-Verlag New York Inc., United States, 2011. Paperback. Condition: New. Language: English. Brand new Book. This text is designed to provide a comprehensive guide to students, researchers, or consultants who wish to carry out and to interpret analyses of economic performance, with an emphasis on productivity growth. The text includes an overview of standard productivity growth measurement techniques and adaptations, and data construc- tion procedures. It goes further, however, by expanding the tradition- al growth accounting (index number) framework to allow consider- ation of how different aspects of firm behavior underlying productivity growth are interrelated, how they can be measured con- sistently in a parametric model, and how they permit a well-defined decomposition of standard productivity growth measures. These ideas are developed by considering in detail a number of underlying theoretical results and econometric issues. The impacts of various production characteristics on productivity growth trends are also evaluated by overviewing selected methodological extensions and em- pirical evidence. More specifically, in the methodological extensions, emphasis is placed on incorporation of cost and demand characteristics, such as fixity and adjustment costs, returns to scale, and the existence of market power, into analyses of productivity growth. These character- istics, generally disregarded in such analyses, can have very important impacts on production structure and firm behavior, and thus on economic performance. They also provide the conceptual basis for vii viii PREFACE measures that are often used independently as indicators of economic performance, such as investment, capacity utilization, and profit measures. Softcover reprint of the original 1st ed. 1993. Seller Inventory # KNV9781461397625

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Book Description Condition: New. Publisher/Verlag: Springer, Berlin | Productivity Growth, Capacity Utilization, and Related Performance Indicators | This text is designed to provide a comprehensive guide to students, researchers, or consultants who wish to carry out and to interpret analyses of economic performance, with an emphasis on productivity growth. The text includes an overview of standard productivity growth measurement techniques and adaptations, and data construc tion procedures. It goes further, however, by expanding the tradition al growth accounting (index number) framework to allow consider ation of how different aspects of firm behavior underlying productivity growth are interrelated, how they can be measured con sistently in a parametric model, and how they permit a well-defined decomposition of standard productivity growth measures. These ideas are developed by considering in detail a number of underlying theoretical results and econometric issues. The impacts of various production characteristics on productivity growth trends are also evaluated by overviewing selected methodological extensions and em pirical evidence. More specifically, in the methodological extensions, emphasis is placed on incorporation of cost and demand characteristics, such as fixity and adjustment costs, returns to scale, and the existence of market power, into analyses of productivity growth. These character istics, generally disregarded in such analyses, can have very important impacts on production structure and firm behavior, and thus on economic performance. They also provide the conceptual basis for vii viii PREFACE measures that are often used independently as indicators of economic performance, such as investment, capacity utilization, and profit measures. | 1 Introduction.- 1.1 Concepts Underlying Productivity Growth and Capacity Utilization Measures.- 1.2 The Theoretical Relationship Between Productivity and Capacity Utilization.- 1.3 Measurement of Performance Indexes in an Economic Framework.- 1.4 Relationships Among These and Other Indicators of Economic Performance.- 2 The Traditional Measurement of Productivity Growth: Theoretical Issues.- 2.1 Single Factor Measures of Productivity Growth.- 2.2 Accounting Measures of Multifactor Productivity.- 2.3. Adaptations to the Traditional Accounting Framework.- 2.4 The Linkage Between Technical Change and Productivity Growth Measures.- 2.5 The Relationship Between Primal and Dual Measures of Productivity Growth.- 3 The Measurement and Interpretation of Capacity Utilization.- 3.1 An Overview of Standard Measures of Capacity Utilization.- 3.2 Incorporating Economics into Capacity Utilization Measurement.- 3.3 Extensions to the Framework for Capacity Utilization Measurement.- 3.4 Cost-Side or Dual Measures of Capacity Utilization.- 4 Interactions Among Measures of Productivity Growth, Returns to Scale and Capacity Utilization.- 4.1 An Analytical Framework for Decomposing Productivity Growth Measures.- 4.2 The Measurement of Biases with Respect to Technical Change.- 4.3 Extensions to the Theory of Technical Change Biases.- 4.4 The Theory and Interpretation of Utilization and Scale Biases.- 5 Empirical Implementation of Productivity Growth Measures and Adjustments.- 5.1 Nonparametric and Simple Parametric Measurement Methods.- 5.2 The Fundamentals of the Parametric Production Theory Approach.- 5.3 An Overview of the Relevant Duality Theory.- 5.4 Specification of Empirically Implementable Restricted Factor Demand Models.- 6 Data Construction for Estimation and Measurement.- 6.1 Developing Non-Capital Data for Empirical Ìmplementation.- 6.2 Difficult Issues Surrounding Capital Data Construction: The Concepts.- 6.3 Difficult Issues Surrounding Capital Data Construction: A Formalization.- 6.4 Aggregation Issues Arising in Data Construction.- 6.5 Index Numbers and Aggregation.- 7 Issues of Econometric Implementation.- 7.1 The Choice of Functions to Use for Empirical Analysis.- 7.2 Possible Functional Forms to Use for Meas. Seller Inventory # K9781461397625

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Book Description Springer New York Dez 2011, 2011. Taschenbuch. Condition: Neu. Neuware - This text is designed to provide a comprehensive guide to students, researchers, or consultants who wish to carry out and to interpret analyses of economic performance, with an emphasis on productivity growth. The text includes an overview of standard productivity growth measurement techniques and adaptations, and data construc tion procedures. It goes further, however, by expanding the tradition al growth accounting (index number) framework to allow consider ation of how different aspects of firm behavior underlying productivity growth are interrelated, how they can be measured con sistently in a parametric model, and how they permit a well-defined decomposition of standard productivity growth measures. These ideas are developed by considering in detail a number of underlying theoretical results and econometric issues. The impacts of various production characteristics on productivity growth trends are also evaluated by overviewing selected methodological extensions and em pirical evidence. More specifically, in the methodological extensions, emphasis is placed on incorporation of cost and demand characteristics, such as fixity and adjustment costs, returns to scale, and the existence of market power, into analyses of productivity growth. These character istics, generally disregarded in such analyses, can have very important impacts on production structure and firm behavior, and thus on economic performance. They also provide the conceptual basis for vii viii PREFACE measures that are often used independently as indicators of economic performance, such as investment, capacity utilization, and profit measures. 316 pp. Englisch. Seller Inventory # 9781461397625

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Book Description Springer New York Dez 2011, 2011. Taschenbuch. Condition: Neu. Neuware - This text is designed to provide a comprehensive guide to students, researchers, or consultants who wish to carry out and to interpret analyses of economic performance, with an emphasis on productivity growth. The text includes an overview of standard productivity growth measurement techniques and adaptations, and data construc tion procedures. It goes further, however, by expanding the tradition al growth accounting (index number) framework to allow consider ation of how different aspects of firm behavior underlying productivity growth are interrelated, how they can be measured con sistently in a parametric model, and how they permit a well-defined decomposition of standard productivity growth measures. These ideas are developed by considering in detail a number of underlying theoretical results and econometric issues. The impacts of various production characteristics on productivity growth trends are also evaluated by overviewing selected methodological extensions and em pirical evidence. More specifically, in the methodological extensions, emphasis is placed on incorporation of cost and demand characteristics, such as fixity and adjustment costs, returns to scale, and the existence of market power, into analyses of productivity growth. These character istics, generally disregarded in such analyses, can have very important impacts on production structure and firm behavior, and thus on economic performance. They also provide the conceptual basis for vii viii PREFACE measures that are often used independently as indicators of economic performance, such as investment, capacity utilization, and profit measures. 316 pp. Englisch. Seller Inventory # 9781461397625

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