New Directions: Efficiency and Productivity

Author:   Rolf Färe ,  Shawna Grosskopf
Publisher:   Springer-Verlag New York Inc.
Edition:   2004 ed.
Volume:   3
ISBN:  

9781402076619


Pages:   174
Publication Date:   30 November 2003
Format:   Hardback
Availability:   Out of print, replaced by POD   Availability explained
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New Directions: Efficiency and Productivity


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Overview

The format of this monograph is three essays, which we arrived at after spending a year writing over one hundred pages of what we even­ tually realized was a tedious reworking of old material. So we started over determined to write something new. At first we thought this approach might not work as a coherent mono­ graph, which is why we chose the essay format rather than chapters. As it turns out, there is a common thread—namely the directional distance function, which also gave us our title. As you shall see, the directional distance function includes traditional distance functions and efficiency measures as special cases providing a unifying framework for existing productivity and efficiency measures. It is also flexible enough to open up new areas in productivity and efficiency analysis such as environmen­ tal and aggregation issues. That we did not see this earlier is humbling; a student at a recent conference raised his hand and asked 'Why didn't you start with the directional distance function in the first place? In­ deed. This manuscript is intended to make up for our earlier oversights. This monograph contains papers coauthored with Wen-Fu Lee and Osman Zaim and one paper written by two former students, Hiroyuki Fukuyama and Bill Weber. We thank them for their contributions. An­ other former student, Jim Logan (Logi) read and critiqued the manu­ script for which we are grateful.

Full Product Details

Author:   Rolf Färe ,  Shawna Grosskopf
Publisher:   Springer-Verlag New York Inc.
Imprint:   Springer-Verlag New York Inc.
Edition:   2004 ed.
Volume:   3
Dimensions:   Width: 15.50cm , Height: 1.20cm , Length: 23.50cm
Weight:   0.990kg
ISBN:  

9781402076619


ISBN 10:   1402076614
Pages:   174
Publication Date:   30 November 2003
Audience:   General/trade ,  College/higher education ,  General ,  Tertiary & Higher Education
Format:   Hardback
Publisher's Status:   Active
Availability:   Out of print, replaced by POD   Availability explained
We will order this item for you from a manufatured on demand supplier.

Table of Contents

Efficiency Indicators And Indexes.- The Nerlovian Profit Indicator.- The Revenue Efficiency Indicator.- Cost Efficiency Indicator.- Efficiency Indexes.- From Indicators to Indexes.- Hyperbolic Efficiency.- Remarks on the Literature.- Environmental Performance .- Good and Bad Outputs.- Productivity with Bads.- Environmental Quantity Index.- Shadow Pricing Undesirable Outputs.- Property Rights and Profitability.- New Directions.- Environmental Kuznets Curve.- Remarks on the Literature.- Aggregation Issues.- The Fox Paradox.- Koopmans’ Theorem.- Aggregating Indicators Across Firms.- Johansen Aggregation.- Aggregating Farrell Efficiency Indexes.- Luenberger Productivity Indicators.- Aggregation Across Inputs and Outputs.- Aggregation and Decompositions.- Performance in Japanese Banking.- Remarks on the Literature.- Appendix: Axioms Of Production.

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