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Cost Structure and the Measurement of Economic Performance: Productivity, - GOOD
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eBay item number:276240719362
Item specifics
- Condition
- Brand
- Unbranded
- Book Title
- Cost Structure and the Measurement of Economic Performance: Prod
- MPN
- Does not apply
- ISBN
- 9780792384038
- Publication Year
- 1999
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- Cost Structure and the Measurement of Economic Performance : Productivity, Utilization, Cost Economics, and Related Performance Indicators
- Item Length
- 9.3in
- Publisher
- Springer
- Item Width
- 6.1in
- Item Weight
- 55.7 Oz
- Number of Pages
- Xiv, 363 Pages
About this product
Product Information
Cost Structure and the Measurement of Economic Performance is designed to provide a comprehensive guide for students, researchers or consultants who wish to model, construct, interpret, and use economic performance measures. The topical emphasis is on productivity growth and its dependence on the cost structure. The methodological focus is on application of the tools of economic analysis - the thinking structure' provided by microeconomic theory - to measure technological or cost structure, and link it with market and regulatory structure. This provides a rich basis for evaluation of economic performance and its determinants. The format of the book stresses topics or questions of interest rather than the theoretical tools for analysis. Traditional productivity growth modeling and measurement practices that result in a productivity residual often called the measure of our ignorance' are initially overviewed, and then the different aspects of technological, market and regulatory structure that might underlie this residual are explored. The ultimate goal is to decompose or explain the residual, by modeling and measuring a multitude of impacts that determine the economic performance of firms, sectors, and economies. The chapters are organized with three broad goals in mind. The first is to introduce the overall ideas involved in economic performance measurement and traditional productivity growth analysis. Issues associated with different types of (short and long run, internal and external) cost economies, market and regulatory impacts, and other general cost efficiencies that might impact these measures are then explored. Finally, some of the theoretical, data construction and econometric tools necessary to justify and implement these models are emphasized.
Product Identifiers
Publisher
Springer
ISBN-10
0792384032
ISBN-13
9780792384038
eBay Product ID (ePID)
871845
Product Key Features
Publication Name
Cost Structure and the Measurement of Economic Performance : Productivity, Utilization, Cost Economics, and Related Performance Indicators
Format
Hardcover
Language
English
Publication Year
1999
Type
Textbook
Number of Pages
Xiv, 363 Pages
Dimensions
Item Length
9.3in
Item Width
6.1in
Item Weight
55.7 Oz
Additional Product Features
Number of Volumes
1 Vol.
Lc Classification Number
Hb172
Reviews
' ... we have here a well-written book by an author who knows the subject from within. The book guides into a rich literature and opens up many avenues for further research. ' Kwantitatieve Methoden, Nr. 64 (2000) ' Overall, this book is an excellent book for anyone interested in measuring adn decomposing productivity growth, as well as factors that affect its measurement and decomposition. The book also provides readers with insights useful when considering whether a short-run or long-run cost function is the appropiate function to estimate. Professor Paul has provided readers with a very intuitive, substantial, and well-written book on the subject matter with many good references. The book could be used as a textbook for a graduate economics course on productivity growth measurement. ' Southern Economic Journal, 68:1 (2001), '... we have here a well-written book by an author who knows the subject from within. The book guides into a rich literature and opens up many avenues for further research.' Kwantitatieve Methoden, Nr. 64 (2000) 'Overall, this book is an excellent book for anyone interested in measuring adn decomposing productivity growth, as well as factors that affect its measurement and decomposition. The book also provides readers with insights useful when considering whether a short-run or long-run cost function is the appropiate function to estimate. Professor Paul has provided readers with a very intuitive, substantial, and well-written book on the subject matter with many good references. The book could be used as a textbook for a graduate economics course on productivity growth measurement.' Southern Economic Journal, 68:1 (2001)
Table of Content
to the Conceptual Framework.- 1 What do "Economic Performance" and "Productivity" Mean?.- 2 Productivity Growth Components.- 3 Technical Change.- 4 The Cost Structure.- 5 Market and Regulatory Structure.- 6 Basics of Productivity Measurement.- Traditional Productivity Growth Measurement.- 1 Single-Factor Productivity Measures.- 2 Multifactor Productivity Measures.- 3 Growth Accounting.- 4 Technical Change and Productivity.- 5 Primal and Dual Measures.- 6 Technical Change Determinants.- 7 Technical Change Biases.- 8 Further Remarks.- The Short Run, Capital, and Capacity Utilization57.- 1 Short Run Fixities and CU.- 2 A Primal Economic CU Representation.- 3 A Dual CU Measure.- 4 Fixity, Adjustment Costs, and Dynamics.- 5 Capital Composition and Services.- 6 Further Remarks.- Short and Long Run Scale and Other Cost Economies.- 1 Components of the Cost-Output Relationship.- 2 Cost Economies vs. Technical Change.- 3 Scale Biases.- 4 Cost Economies More Generally.- 5 Further Remarks.- Internal and External Cost Economies, and Growth.- 1 A Model with External Effects.- 2 Returns to Public Capital.- 3 "Knowledge Capital" and Spillovers.- 4 Utilization and Scale Interactions.- 5 Microfoundations and Macro Models.- 6 Further Comments.- Market Structure and Economic Performance.- 1 Market Power Modeling.- 2 Market Power and Economic Performance Measures.- 3 Input Market Power: Monopsony.- 4 Market Power Measures and Welfare.- 5 Further Comments.- Regulatory Structure and Costs.- 1 Capital Regulations and Costs.- 2 Restrictions on Input Use: Pesticides.- 3 Lack of Markets: "Bad" Outputs.- 4 Regulation and Market Power.- 5 Further Comments.- Technical Efficiency.- 1 Frontier Modeling.- 2 Empirical Specification.- 3 Dual Models.- 4 Productivity and Efficiency.- 5Further Comments.- Underlying Theory and Implementation Issues.- 1 The Basic Production Theory Model.- 2 Production and Cost Structure.- 3 Profit Maximization.- 4 Dynamic Adjustment.- 5 Distance and Revenue Functions.- 6 Measures Representing Firm Behavior.- 7 Further Comments.- Data Construction for Estimation and Measurement.- 1 Non-Capital Output and Input Data.- 1.1 output production.- 2 Capital Data Construction.- 3 Aggregation Issues.- 4 Further Comments.- Issues of Econometric Implementation.- 1 Empirical Specification.- 2 Functions for Empirical Analysis.- 3 Functional Forms.- 4 Some Econometric Issues.- 5 Further Comments.- Pulling It Together.
Copyright Date
1999
Topic
Economics / Microeconomics, Operations Research, Economics / General, Accounting / Managerial, Econometrics, Statistics
Lccn
98-048311
Dewey Decimal
338.5
Intended Audience
Scholarly & Professional
Dewey Edition
21
Illustrated
Yes
Genre
Business & Economics
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eBay item number:276240719362
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