Aggregation, Efficiency, and Measurement

1. Auflage. Softcover version of original hardcover Auflage 2007
ISBN: 978-1-4419-4237-1
Verlag: Springer US

Buch, Englisch, 156 Seiten, Previously published in hardcover, Format (B × H): 155 mm x 235 mm, Gewicht: 277 g

Reihe: Studies in Productivity and Efficiency

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 into technological innovation, improvement in efficiency, and the capital deepening brought about by new business investment, shedding light on important debates on their relative importance. The efficiency of patent laws is examined in a modern model of economic growth. These contributions are complemented by analyses of methodological problems involved in the measurement, estimation and aggregation of efficiency indices.

Zielgruppe

Research

Autoren/Hrsg.

Färe, Rolf

Primont, Daniel

Grosskopf, Shawna

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Industrielle Organisation
• Wirtschaftswissenschaften Wirtschaftssektoren & Branchen Fertigungsindustrie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Ökonometrie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Mikroökonomie

Inhaltsverzeichnis

Introduction.- The Pareto-Optima of Finite-Horizon OLG Models.-, Directional Technology Distance Functions: Theory and Applications.- Synergistic Mergers in an Agency Context: An Illustration of the Interaction of the Observability Problem and Synergistic Mergers.- The Le Chatelier Principle in DEA.- Finding Common Ground.- Sources of Manufacturing Productivity Growth: U.S. States 1990-1999.- Elements of General Equilibrium Modeling of Externalities.

Über Autor(innen)

Rolf Färe is Professor of Economics at Oregon State University. He received his Docent in Economics from the University of Lund, Sweden. He did post graduate work under Professor R. W. Shephard at the University of California, Berkeley. He has published in various journals including Econometrica, Economic Theory, and the Journal of Economic Theory.

Shawna Grosskopf is Professor of Economics at Oregon State University. She received her doctoral degree in Economics from Syracuse University. She has published in a variety of journals including the American Economic Review, Journal of Econometrics, Journal of Productivity Analysis, and Economic Theory.

Daniel Primont is Professor of Economics at Southern Illinois University Carbondale. He received his doctoral degree in Economics from the University of California, Santa Barbara. His research includes theoretical work in production and duality theory and both theoretical and empirical work in efficiency measurement. He has published in a variety of journals including the Journal of Economic Theory, Journal of Econometrics, Journal of Productivity Analysis, and Economic Theory.