ENGLISH

Aggregation, Efficiency, and Measurement (Studies in Productivity and Efficiency)

By Rolf Färe , Shawna Grosskopf , Daniel Primont

Book information

Publisher
Springer
Year
2007
ISBN
0387369481, 9780387369488
LCC
HB241 .A485 2007
Google Books ID
I6NxMcEEGEAC
Open Library ID
OL17943727M
Language
english
Format
PDF
Filesize
7 MB (7189339 bytes)
Edition
1
Pages
168\168
Orientation
no
Scanned
yes
Time added
2011-06-04 13:46:07
Финансово-экономические дисциплины;Математические

Description

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.

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