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...
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...
Providing a systematic and comprehensive treatment of recent developments in efficiency analysis, this readable book makes available an intuitive yet rigorous presentation of advanced nonparametric and robust methods. This flexible toolbox can be used in theories based on the neoclassical theory of production and its alternatives, including evolutionary theories. The methods are complemented by empirical analysis of three different economic fields: scientific research, mutual funds industry and the insurance sector. The research demonstrates the utility of the toolbox for a wide range of...
Providing a systematic and comprehensive treatment of recent developments in efficiency analysis, this readable book makes available an intuitive y...
Economists have long studied the efficiency of firms, industries, and entire economies. This volume brings together leading scholars to make connections between efficiency and a number of diverse areas of current interest to economists, including an examination of the efficiency of tax systems across generations that overlap, and the efficiency of firm mergers that highlights the tradeoff between the synergy of the merger and the problem of managerial oversight in the now larger firm. An empirical look at productivity growth of states uses a tripartite decomposition of labor productivity...
Economists have long studied the efficiency of firms, industries, and entire economies. This volume brings together leading scholars to make connec...
Regardless of where we live, the management of the public sector impacts on our lives. Hence, we all have an interest, one way or another, in the achievement of efficiency and productivity improvements in the activities of the public sector. For a government agency that provides a public service, striving for unreasonable benchmark targets for efficiency may lead to a deterioration of service quality, along with an increase in stress and job dissatisfaction for public sector employees. Slack performance targets may lead to gross inefficiency, poor quality of service, and low self-esteem for...
Regardless of where we live, the management of the public sector impacts on our lives. Hence, we all have an interest, one way or another, in the achi...
Agricultural Productivity: Measurement and Sources of Growth addresses measurement issues and techniques in agricultural productivity analysis, applying those techniques to recently published data sets for American agriculture. The data sets are used to estimate and explain state level productivity and efficiency differences, and to test different approaches to productivity measurement. The rise in agricultural productivity is the single most important source of economic growth in the U.S. farm sector, and the rate of productivity growth is estimated to be higher in...
Agricultural Productivity: Measurement and Sources of Growth addresses measurement issues and techniques in agricultural productiv...
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...
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 realize...
Providing a systematic and comprehensive treatment of recent developments in efficiency analysis, this readable book makes available an intuitive yet rigorous presentation of advanced nonparametric and robust methods. This flexible toolbox can be used in theories based on the neoclassical theory of production and its alternatives, including evolutionary theories. The methods are complemented by empirical analysis of three different economic fields: scientific research, mutual funds industry and the insurance sector. The research demonstrates the utility of the toolbox for a wide range of...
Providing a systematic and comprehensive treatment of recent developments in efficiency analysis, this readable book makes available an intuitive y...
Regardless of where we live, the management of the public sector impacts on our lives. Hence, we all have an interest, one way or another, in the achievement of efficiency and productivity improvements in the activities of the public sector. For a government agency that provides a public service, striving for unreasonable benchmark targets for efficiency may lead to a deterioration of service quality, along with an increase in stress and job dissatisfaction for public sector employees. Slack performance targets may lead to gross inefficiency, poor quality of service, and low self-esteem for...
Regardless of where we live, the management of the public sector impacts on our lives. Hence, we all have an interest, one way or another, in the achi...
Economists have long studied the efficiency of firms, industries, and entire economies. This volume brings together leading scholars to make connections between efficiency and a number of diverse areas of current interest to economists, including an examination of the efficiency of tax systems across generations that overlap, and the efficiency of firm mergers that highlights the tradeoff between the synergy of the merger and the problem of managerial oversight in the now larger firm. An empirical look at productivity growth of states uses a tripartite decomposition of labor productivity...
Economists have long studied the efficiency of firms, industries, and entire economies. This volume brings together leading scholars to make connec...
Despite a gradual and sustained decline in the contribution of agriculture to the economies of the member countries of the Organization for Economic Cooperation and Development (OECD), the sector remains socially and politically important. Although agriculture accounts for less than 2% of the gross domestic product of the OECD countries, it occupies over 35% of their total land area. Predominantly rural regions, where agriculture remains particularly important, contain almost one quarter of the population of OECD countries. The past quarter century has witnessed signi?cant changes in...
Despite a gradual and sustained decline in the contribution of agriculture to the economies of the member countries of the Organization for Economic C...
