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...
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...
This book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. Using linear programming techniques, the authors construct a variety of production frontiers, and develop a model of efficient producer behavior and a taxonomy of possible types of departure from efficiency in various environments. This book provides a unique study in applied production analysis, and will be of interest to scholars and students of economics and operations research, and analysts in business and government.
This book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. Using linear programming te...
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 intention with this book is to extend the efficiency literature to the case of intertemporal models. We do this in steps. First, we introduce static network models which will serve as building blocks for our intertemporal budgeting models and our dynamic models. Next, we devote two chapters to productivity measurements, which we think of as comparative static models. Intertemporal budgeting models and dynamic models are taken up after that. Each chapter, except Chapter One, contains an empirical applica tion. These applications are coauthored with colleagues and stu dents; thanks are due...
Our intention with this book is to extend the efficiency literature to the case of intertemporal models. We do this in steps. First, we introduce stat...
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...
This book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. Using linear programming techniques, the authors construct a variety of production frontiers, and develop a model of efficient producer behavior and a taxonomy of possible types of departure from efficiency in various environments. This book provides a unique study in applied production analysis, and will be of interest to scholars and students of economics and operations research, and analysts in business and government.
This book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. Using linear programming te...
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...
The basic notion underlying this monograph - budget or revenue constrained models of production - we owe to Ronald W. Shephard, who recognized its fundamental importance in modeling behavior in a wide variety of settings including the service and public sector. Our endeavor here is to extend Shephard's earlier work in several directions while maintaining his axiomatic approach. Our contributions include an expanded set of duality results and a general bent toward empirical implementation: including various parameterizations, applications to efficiency and productivity measurement, and shadow...
The basic notion underlying this monograph - budget or revenue constrained models of production - we owe to Ronald W. Shephard, who recognized its fun...
