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...
Professor Sten Malmquist constructed the Malmquist quantity index and in doing so developed a distance function defined on a consumption space. This function is the consumer analog to the Shephard input distance function of producers and is used in ratio form to define the quantity index. This volume contains new contributions based on Malmquist's work nearly 50 years ago and provides modern perspectives on the value of this research.
Professor Sten Malmquist constructed the Malmquist quantity index and in doing so developed a distance function defined on a consumption space. This f...
Our original reason for writing this book was the desire to write down in one place a complete summary of the major results in du ality theory pioneered by Ronald W. Shephard in three of his books, Cost and Production Functions (1953), Theory of Cost and Produc tion Functions (1970), and Indirect Production Functions (1974). In this way, newcomers to the field would have easy access to these important ideas. In adg, ition, we report a few new results of our own. In particular, we show the duality relationship between the profit function and the eight equivalent representations of technol ogy...
Our original reason for writing this book was the desire to write down in one place a complete summary of the major results in du ality theory pioneer...
Data Envelopment Analysis (DEA) is often overlooked in empirical work such as diagnostic tests to determine whether the data conform with technology which, in turn, is important in identifying technical change, or finding which types of DEA models allow data transformations, including dealing with ordinal data.Advances in Data Envelopment Analysis focuses on both theoretical developments and their applications into the measurement of productive efficiency and productivity growth, such as its application to the modelling of time substitution, i.e. the problem of how to allocate resources over...
Data Envelopment Analysis (DEA) is often overlooked in empirical work such as diagnostic tests to determine whether the data conform with technology w...
Sweden has a long history of ambitious environmental, energy and climate policy. This history provides a large amount of data which offers a unique opportunity to consider key policy issues such as the impact of the CO2 tax on CO2 emission intensity, the effect of the CO2 tax on the profitability of firms, whether including air emissions in the productivity measurement of firms matters and whether the introduction of the EU ETS spurred technological development among Swedish firms. This book examines the answers to these questions and many more and argues that there are many issues and...
Sweden has a long history of ambitious environmental, energy and climate policy. This history provides a large amount of data which offers a unique...
