Titlebook: An Introduction to Efficiency and Productivity Analysis; Tim Coelli,D. S. Prasada Rao,George E. Battese Book 19981st edition Springer Scie

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Index Numbers and Productivity Measurement,nomic phenomena are regularly compiled and published. The consumer price index (CPI), which measures the changes in prices of a range of consumer goods and services, is the most widely used economic indicator. Other important index numbers include the price deflators for national income aggregates;

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Economic Theory and Index Numbers, Given the importance attached to index numbers in TFP measurement, it is hardly surprising that economic theory is extremely relevant in understanding what these index numbers actually measure and in making a proper application of the formulae described. This chapter is also important in that it pr

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Additional Topics on Data Envelopment Analysis,he efficiency measurement concepts of Farrell (1957) and described how they could be implemented using the linear programming approach known as DEA. We discussed the basic constant returns to scale (CRS) and variable returns to scale (VRS) DEA models from both the input- and output-orientations.

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Productivity Measurement Using Efficiency Measurement Methods, frontier estimation methods discussed in the previous four chapters to obtain estimates of TFP growth which do not require one to accept the restrictive assumptions inherent in the Tornqvist/Fisher index approach discussed in Chapter 5. That is, we do not need to assume that all firms are cost mini

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cy and productivity analysis. It is asystematic treatment of four relatively new methodologies inEfficiency/Production Analysis: (a) Least-Squares EconometricProduction Models, (b) Total Factor Productivity (TFP) Indices, (c)Data Envelopment Analysis (DEA), and (d) Stochastic Frontiers. Eachmethod i

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https://doi.org/10.1007/978-3-322-89618-6s and services, is the most widely used economic indicator. Other important index numbers include the price deflators for national income aggregates; financial indices such as the All Ordinaries Index (Australia) and the Dow Jones Index (U.S.A.); and indices of import and export prices.

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Dampfverteilung und Bemessung der Kan?leive assumptions inherent in the Tornqvist/Fisher index approach discussed in Chapter 5. That is, we do not need to assume that all firms are cost minimisers and revenue maximisers. This is of particular benefit when we are analysing public sector and not-for-profit organisations where these assumptions are unlikely to be valid.

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