Measurement of Productivity and Efficiency: Theory and Practice

Author:   Robin C. Sickles (Rice University, Houston) ,  Valentin Zelenyuk (University of Queensland)
Publisher:   Cambridge University Press
ISBN:  

9781107687653


Pages:   626
Publication Date:   28 March 2019
Format:   Paperback
Availability:   In stock   Availability explained
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Measurement of Productivity and Efficiency: Theory and Practice


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Author:   Robin C. Sickles (Rice University, Houston) ,  Valentin Zelenyuk (University of Queensland)
Publisher:   Cambridge University Press
Imprint:   Cambridge University Press
Dimensions:   Width: 15.00cm , Height: 3.40cm , Length: 22.80cm
Weight:   0.870kg
ISBN:  

9781107687653


ISBN 10:   1107687659
Pages:   626
Publication Date:   28 March 2019
Audience:   Professional and scholarly ,  College/higher education ,  Professional & Vocational ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active
Availability:   In stock   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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Reviews

'Sickles and Zelenyuk have written the most comprehensive book on production theory and the measurement of productivity in the history of these subjects. Researchers, students and teachers who are interested in production theory and the measurement of productivity will treasure this book.' W. Erwin Diewert, University of British Columbia and University of New South Wales 'Productivity and efficiency measurement has been a growth area for fifty years. Sickles and Zelenyuk bring together all the theory and practice, including the rich history, the full range of methods, and all the schools of thought. This is an amazingly comprehensive survey of the field.' William Greene, New York University 'Robin Sickles and Valentin Zelenyuk have written an outstanding book on a very important topic - the measurement of productivity and efficiency. The book provides a complete and thorough introduction to the economic theory of production and its many applications to national accounting and econometric modeling. An especially valuable feature of the book is the detailed treatment of productivity and growth in the world economy.' Dale Jorgenson, Samuel W. Morris University Professor, Harvard University 'Rarely does a book comprehensively survey and creatively extend both the theoretical underpinnings and the practical implementation of a field of research. This is such a book, and it belongs on the desk of all scholars interested in producer performance measurement.' C. A. Knox Lovell, University of Queensland 'Sickles and Zelenyuk, outstanding researchers from two generations, impart their knowledge and wisdom into this monumental book on theory and practice of efficiency and productivity measurement. This is an invaluable resource for graduate students, researchers and practitioners alike. Strongly recommended.' D. S. Prasada Rao, University of Queensland 'This book is a comprehensive treatment of the economic and statistical issues involved in the estimation of the efficiency of production. It covers both stochastic frontier models and envelopment-type methods such as DEA and FDH. It is the best and most comprehensive currently available treatment of this topic.' Peter Schmidt, Michigan State University 'This book is an important contribution to both economic theory of productivity and efficiency and its measurement. It is a seminal work that highlights the significance of 'theory with measurement' and 'measurement with theory'.' H. Pyo, Seoul National University 'Robin Sickles and Valentin Zelenyuk have brought together a large set of research results both in the theoretical analysis and in the empirical aspects of productivity and efficiency. This results in a comprehensive textbook with deep insights on the theory of production and large discussions on the econometrics implementations. The book will, for sure, be a useful resource for researchers in the field.' Leopold Simar, Universite Catholique de Louvain 'The book thoroughly covers theory (index numbers, axiomatic production theory, DEA, FDH, stochastic models, inference) and practice of measurement of efficiency and productivity, including issues and sources of data with links, as well as links to software and models. A rigorous and truly indispensable guide - and all this and more in a mere 630 pages.' Rolf Fare and Shawna Grosskopf, Oregon State University `Sickles and Zelenyuk have written the most comprehensive book on production theory and the measurement of productivity in the history of these subjects. Researchers, students and teachers who are interested in production theory and the measurement of productivity will treasure this book.' W. Erwin Diewert, University of British Columbia and University of New South Wales `Productivity and efficiency measurement has been a growth area for fifty years. Sickles and Zelenyuk bring together all the theory and practice, including the rich history, the full range of methods, and all the schools of thought. This is an amazingly comprehensive survey of the field.' William Greene, New York University `Robin Sickles and Valentin Zelenyuk have written an outstanding book on a very important topic - the measurement of productivity and efficiency. The book provides a complete and thorough introduction to the economic theory of production and its many applications to national accounting and econometric modeling. An especially valuable feature of the book is the detailed treatment of productivity and growth in the world economy.' Dale Jorgenson, Samuel W. Morris University Professor, Harvard University `Rarely does a book comprehensively survey and creatively extend both the theoretical underpinnings and the practical implementation of a field of research. This is such a book, and it belongs on the desk of all scholars interested in producer performance measurement.' C. A. Knox Lovell, University of Queensland `Sickles and Zelenyuk, outstanding researchers from two generations, impart their knowledge and wisdom into this monumental book on theory and practice of efficiency and productivity measurement. This is an invaluable resource for graduate students, researchers and practitioners alike. Strongly recommended.' D. S. Prasada Rao, University of Queensland `This book is a comprehensive treatment of the economic and statistical issues involved in the estimation of the efficiency of production. It covers both stochastic frontier models and envelopment-type methods such as DEA and FDH. It is the best and most comprehensive currently available treatment of this topic.' Peter Schmidt, Michigan State University `This book is an important contribution to both economic theory of productivity and efficiency and its measurement. It is a seminal work that highlights the significance of `theory with measurement' and `measurement with theory'.' H. Pyo, Seoul National University `Robin Sickles and Valentin Zelenyuk have brought together a large set of research results both in the theoretical analysis and in the empirical aspects of productivity and efficiency. This results in a comprehensive textbook with deep insights on the theory of production and large discussions on the econometrics implementations. The book will, for sure, be a useful resource for researchers in the field.' Leopold Simar, Universite Catholique de Louvain `The book thoroughly covers theory (index numbers, axiomatic production theory, DEA, FDH, stochastic models, inference) and practice of measurement of efficiency and productivity, including issues and sources of data with links, as well as links to software and models. A rigorous and truly indispensable guide - and all this and more in a mere 630 pages.' Rolf Fare and Shawna Grosskopf, Oregon State University


Advance praise: 'Sickles and Zelenyuk have written the most comprehensive book on production theory and the measurement of productivity in the history of these subjects. Researchers, students and teachers who are interested in production theory and the measurement of productivity will treasure this book.' W. Erwin Diewert, University of British Columbia and University of New South Wales Advance praise: 'Productivity and efficiency measurement has been a growth area for fifty years. Sickles and Zelenyuk bring together all the theory and practice, including the rich history, the full range of methods, and all the schools of thought. This is an amazingly comprehensive survey of the field.' William Greene, New York University Advance praise: 'Robin Sickles and Valentin Zelenyuk have written an outstanding book on a very important topic - the measurement of productivity and efficiency. The book provides a complete and thorough introduction to the economic theory of production and its many applications to national accounting and econometric modeling. An especially valuable feature of the book is the detailed treatment of productivity and growth in the world economy.' Dale Jorgenson, Samuel W. Morris University Professor, Harvard University Advance praise; 'Rarely does a book comprehensively survey and creatively extend both the theoretical underpinnings and the practical implementation of a field of research. This is such a book, and it belongs on the desk of all scholars interested in producer performance measurement.' C. A. Knox Lovell, University of Queensland Advance praise: 'Sickles and Zelenyuk, outstanding researchers from two generations, impart their knowledge and wisdom into this monumental book on theory and practice of efficiency and productivity measurement. This is an invaluable resource for graduate students, researchers and practitioners alike. Strongly recommended.' D. S. Prasada Rao, University of Queensland Advance praise: 'This book is a comprehensive treatment of the economic and statistical issues involved in the estimation of the efficiency of production. It covers both stochastic frontier models and envelopment-type methods such as DEA and FDH. It is the best and most comprehensive currently available treatment of this topic.' Peter Schmidt, Michigan State University Advance praise: 'This book is an important contribution to both economic theory of productivity and efficiency and its measurement. It is a seminal work that highlights the significance of 'theory with measurement' and 'measurement with theory'.' H. Pyo, Seoul National University Advance praise: 'Robin Sickles and Valentin Zelenyuk have brought together a large set of research results both in the theoretical analysis and in the empirical aspects of productivity and efficiency. This results in a comprehensive textbook with deep insights on the theory of production and large discussions on the econometrics implementations. The book will, for sure, be a useful resource for researchers in the field.' Leopold Simar, Universite Catholique de Louvain Advance praise: 'The book thoroughly covers theory (index numbers, axiomatic production theory, DEA, FDH, stochastic models, inference) and practice of measurement of efficiency and productivity, including issues and sources of data with links, as well as links to software and models. A rigorous and truly indispensable guide - and all this and more in a mere 800 pages.' Rolf Fare and Shawna Grosskopf, Oregon State University Advance praise: `Sickles and Zelenyuk have written the most comprehensive book on production theory and the measurement of productivity in the history of these subjects. Researchers, students and teachers who are interested in production theory and the measurement of productivity will treasure this book.' W. Erwin Diewert, University of British Columbia and University of New South Wales Advance praise: `Productivity and efficiency measurement has been a growth area for fifty years. Sickles and Zelenyuk bring together all the theory and practice, including the rich history, the full range of methods, and all the schools of thought. This is an amazingly comprehensive survey of the field.' William Greene, New York University Advance praise: `Robin Sickles and Valentin Zelenyuk have written an outstanding book on a very important topic - the measurement of productivity and efficiency. The book provides a complete and thorough introduction to the economic theory of production and its many applications to national accounting and econometric modeling. An especially valuable feature of the book is the detailed treatment of productivity and growth in the world economy.' Dale Jorgenson, Samuel W. Morris University Professor, Harvard University Advance praise; `Rarely does a book comprehensively survey and creatively extend both the theoretical underpinnings and the practical implementation of a field of research. This is such a book, and it belongs on the desk of all scholars interested in producer performance measurement.' C. A. Knox Lovell, University of Queensland Advance praise: `Sickles and Zelenyuk, outstanding researchers from two generations, impart their knowledge and wisdom into this monumental book on theory and practice of efficiency and productivity measurement. This is an invaluable resource for graduate students, researchers and practitioners alike. Strongly recommended.' D. S. Prasada Rao, University of Queensland Advance praise: `This book is a comprehensive treatment of the economic and statistical issues involved in the estimation of the efficiency of production. It covers both stochastic frontier models and envelopment-type methods such as DEA and FDH. It is the best and most comprehensive currently available treatment of this topic.' Peter Schmidt, Michigan State University Advance praise: `This book is an important contribution to both economic theory of productivity and efficiency and its measurement. It is a seminal work that highlights the significance of `theory with measurement' and `measurement with theory'.' H. Pyo, Seoul National University Advance praise: `Robin Sickles and Valentin Zelenyuk have brought together a large set of research results both in the theoretical analysis and in the empirical aspects of productivity and efficiency. This results in a comprehensive textbook with deep insights on the theory of production and large discussions on the econometrics implementations. The book will, for sure, be a useful resource for researchers in the field.' Leopold Simar, Universite Catholique de Louvain Advance praise: `The book thoroughly covers theory (index numbers, axiomatic production theory, DEA, FDH, stochastic models, inference) and practice of measurement of efficiency and productivity, including issues and sources of data with links, as well as links to software and models. A rigorous and truly indispensable guide - and all this and more in a mere 800 pages.' Rolf Fare and Shawna Grosskopf, Oregon State University


Author Information

Robin C. Sickles is the Reginald Henry Hargrove Professor of Economics and Professor of Statistics at Rice University, Houston. He served as Editor-in-Chief of the Journal of Productivity Analysis as well as an Associate Editor for a number of other economics and econometrics journals. He is currently an Associate Editor of the Journal of Econometrics. Valentin Zelenyuk is the Australian Research Council Future Fellow at the School of Economics at the University of Queensland, where he served as Research Director and Director of the Centre for Efficiency and Productivity Analysis. He is an Associate Editor of the Journal of Productivity Analysis and the Data Envelopment Analysis Journal.

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